Abilene Arts Alliance FY2020 filing

Tax-deductible

Abilene, TX501(c)(3)Since 2006Arts & CultureEIN 75-2411239

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To strengthen the area's cultural life through strategic investment in its cultural resources; to be an advocate for cultural organizations, activities and initiatives throughout the community; and to ensure the cultural development of young people.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $195K a year · 18% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
15 mo
of spending, in cash
Looks good: 15.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $846K
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
19
of 19 voting members
Looks good: 19 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$620K
Spent
$502K
To programs
96%
Net assets
$2.0M
By yearFY2020–FY2025
Revenue
$620K
FY2020
Revenue by fiscal year
FY2020$620K
FY2021$998K
FY2022$1.4M
FY2023$824K
FY2024$1.2M
FY2025$1.7M
Expenses
$502K
FY2020
Expenses by fiscal year
FY2020$502K
FY2021$426K
FY2022$1.3M
FY2023$955K
FY2024$885K
FY2025$1.4M
Net assets
$2.0M
FY2020
Net assets by fiscal year
FY2020$2.0M
FY2021$2.6M
FY2022$2.5M
FY2023$2.5M
FY2024$2.8M
FY2025$3.3M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1992.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $482K Management & general 4% · $20K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

19 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Abilene Arts Alliance executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports children's literacy and art programs, including an annual festival showcasing illustrated literature and illustrators' artwork.

Provided by the organization

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3 programs · $251K · in their own filed words · FY2020
01

Support for the enhancement of the cultural district of abilene, texas.

$90Kprogram expense
02

Storybook Sculpture Garden

Support for the construction of a public storybook garden and the acquisition of sculptures based on children's storybook characters to be displayed in the garden.

$89Kprogram expense
03

Support for arts programming for children and special populations in the community. Hearts for the arts programs include: the grace museum, abilene philharmonic, and national center for children's illustrated literature student tours, young audiences programming and residencies within region 14 schools, and the center for contemporary…

$72Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 9 funders →
Grants paid · 6 grants · $5.4M · 2020–2025
Abilene Chamber of CommerceTX · FY2025$1,391,555
Abilene Chamber of CommerceTX · FY2024$860,241
Abilene Chamber of CommerceTX · FY2023$935,983
Abilene Chamber of CommerceTX · FY2022$1,295,048
Abilene Chamber of CommerceTX · FY2021$409,822
Abilene Chamber of CommerceTX · FY2020$482,012

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$620K
Ln 12
Gifts and grantsLn 1h$596K
Investment incomeLn 3$24K
Money outPt IX
$502K
Ln 25
Programscol B$482K
Managementcol C$20K
Owns and owesPt X
$2.0M
net assets · Ln 32
Cash and savingsLn 1–2$636K
Total assetsLn 16$2.0M
LiabilitiesLn 26$0
PeoplePt VI, VII
19
listed · VII A
PaidVII A0
Voting boardVI 1a19
IndependentVI 1b19
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$596K
Government grantsLn 1e$182K
Investment incomeLn 3$24K
Gains on assetsLn 7−$3K
Total revenueLn 12$620K
Assets in detailPt X, end of year
SavingsLn 2$636K
Cash and savings togetherLn 1–2$636K
Other assetsLn 15$1.3M
Total assetsLn 16$2.0M
LiabilitiesLn 26$0
Net assetsLn 32$2.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 6646
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$505K$636K
Total assetsLn 16$1.7M$2.0M
LiabilitiesLn 26$0$0
Net assetsLn 32$1.7M$2.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$482K$482K
Accounting feesLn 11c$5K$5K
Investment management feesLn 11f$7K$7K
InsuranceLn 23$6K$6K
Other expenses (24a–d)Ln 24$3K$3K
Total functional expensesLn 25$502K$482K$20K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.7M$1.4M$292K$3.3M 990 PDF
FY2024 $1.2M$885K$275K$2.8M 990 PDF
FY2023 $824K$955K−$131K$2.5M 990 PDF
FY2022 $1.4M$1.3M$44K$2.5M 990 PDF
FY2021 $998K$426K$572K$2.6M 990 PDF
FY2020 Viewing $620K$502K$118K$2.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $619,773 across 6 lines filed
VIII-1e Government grants$182,215
VIII-1f All other contributions, gifts and grants$413,717
VIII-1h Total contributions, gifts and grants$595,932
VIII-3 Investment incomeExcluded from tax $26,995$26,995
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$3,154−$3,154
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $23,841$619,773
Part IX · Statement of functional expenses $502,130 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $482,012$482,012
IX-11c Accounting feesManagement $4,593$4,593
IX-11f Investment management feesManagement $7,152$7,152
IX-23 InsuranceManagement $5,857$5,857
IX-24 Other expenses (24a–d)Management $2,516$2,516
IX-25 Total functional expensesPrograms $482,012 · Management $20,118 · Fundraising $0$502,130
Part X · Balance sheet $1,951,180 assets, 6 lines filed
X-2 Savings and temporary cash investmentsStart of year $505,318$635,820
X-15 Other assetsStart of year $1,170,972$1,315,360
X-16 Total assetsStart of year $1,676,290$1,951,180
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $1,676,290$1,951,180
X-33 Total liabilities and net assetsStart of year $1,676,290$1,951,180
Part XI · Reconciliation of net assets $1,951,180 net assets at year end
XI-1 Total revenue$619,773
XI-2 Total expenses$502,130
XI-3 Revenue less expenses$117,643
XI-4 Net assets at start of year$1,676,290
XI-5 Net unrealized gains (losses) on investments$131,365
XI-8 Prior period adjustments$25,882
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,951,180

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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