The Welman Project FY2021 filing

Tax-deductible

Fort Worth, TX501(c)(3)Arts & CultureEIN 81-1116926

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The Welman Project exists to uplift the community at the intersection of imagination, education, and the environment.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
$87K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $29K a year · 2% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$87K
to officers and key staff · 27% of spending
Worth a look: pay to officers and key staff is 27% of spending; over 20%.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$15K
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$381K
+101% vs prior year
Spent
$327K
To programs
96%
Net assets
$133K
By yearFY2020–FY2024
Revenue
$381K
FY2021▲ +101%
Revenue by fiscal year
FY2020$190K
FY2021$381K
FY2022$475K
FY2023$439K
FY2024$3.4M
Expenses
$327K
FY2021
Expenses by fiscal year
FY2020Not on file
FY2021$327K
FY2022$407K
FY2023$511K
FY2024$3.4M
Net assets
$133K
FY2021▲ +65%
Net assets by fiscal year
FY2020$81K
FY2021$133K
FY2022$201K
FY2023$129K
FY2024$194K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2016.

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% · $313K Management & general 2% · $7K Fundraising 2% · $8K

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

10 people listed on the 990; $87K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$45,000Pt VII · Sec A
Creative Director
$42,000Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Taylor Willis’s $45K as Executive Director is at the 4th percentile of top reported officer pay among 3925 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2021FY2020
Taylor Willis$45,000—
Vanessa Barker$42,000—
Vanessa Barker—$36,050
Taylor Willis—$36,050

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Welman Project 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 15aYes

Programs and updates

Inspires community through imagination, education, and environmental projects.

Provided by the organization

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3 program services account for $313K of program spending, described in the organization's own filed words · FY2021.
01

We're Tackling Two Big Issues in Our Community

Waste output generated by businesses and lack of resources in our schools - with one innovative solution: creative reuse. We connect teachers with free surplus materials sourced from local businesses. Working one-on-one to help them implement curriculum-enhancing creative reuse in the classroom and beyond.

$176Kprogram expense
02

Our creative reuse education program brings hands-on, open-ended learning to the classroom, building desired skills like complex problem solving and critical thinking by challenging them to experiment, design, and see things in a different way.

$76Kprogram expense
03

Our community outreach program educates the public about the importance of reducing waste through reuse, while providing both practical and creative ways to repurpose materials in daily life. We do this through presentations for companies and community groups and booths at community events, reaching thousands of individuals.

$61Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$8K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$381K
Ln 12
Gifts and grantsLn 1h$340K
Fees for servicesLn 2g$41K
Money outPt IX
$327K
Ln 25
Programscol B$313K
Managementcol C$7K
Fundraisingcol D$8K
Owns and owesPt X
$133K
net assets · Ln 32
Cash and savingsLn 1–2$86K
Total assetsLn 16$148K
LiabilitiesLn 26$15K
PeoplePt VI, VII
10
listed · VII A
PaidVII A2
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$340K
Government grantsLn 1e$52K
Noncash giftsLn 1g$10K
Fees for servicesLn 2g$41K
Total revenueLn 12$381K
Assets in detailPt X, end of year
CashLn 1$86K
Cash and savings togetherLn 1–2$86K
Land, buildings, equipmentLn 10c$3K
Other assetsLn 15$2K
Total assetsLn 16$148K
LiabilitiesLn 26$15K
Net assetsLn 32$133K
OperationsPt I, VI
EmployeesI 511
VolunteersI 6242
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$42K$86K
Land, buildings, equipmentLn 10c$0$3K
Total assetsLn 16$81K$148K
LiabilitiesLn 26$0$15K
Net assetsLn 32$81K$133K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$87K$78K$3K$5K
Other salaries and wagesLn 7$125K$125K
Other employee benefitsLn 9$2K$2K
Payroll taxesLn 10$16K$16K$413$239
Accounting feesLn 11c$317$317
Other fees for servicesLn 11g$14K$13K$671$537
Office expensesLn 13$2K$1K$254
Information technologyLn 14$2K$2K$38$19
OccupancyLn 16$59K$58K$593$593
TravelLn 17$218$218
Conferences, conventions and meetingsLn 19$445$445
Depreciation, depletion and amortizationLn 22$851$851
InsuranceLn 23$3K$2K$1K
Other expenses (24a–d)Ln 24$15K$14K$692
Total functional expensesLn 25$327K$313K$7K$8K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.4M$3.4M$65K$194K 990 PDF
FY2023 $439K$511K−$72K$129K 990 PDF
FY2022 $475K$407K$67K$201K 990 PDF
FY2021 Viewing $381K$327K$54K$133K 990 PDF
FY2020 $190K$81K 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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $380,822 across 6 lines filed
VIII-1e Government grants$51,592
VIII-1f All other contributions, gifts and grants$288,135
VIII-1g Noncash contributions (included above)$10,425
VIII-1h Total contributions, gifts and grants$339,727
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $41,095$41,095
VIII-12 Total revenueRelated to mission $41,095 · Unrelated business $0 · Excluded from tax $0$380,822
Part IX · Statement of functional expenses $326,787 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $78,480 · Management $3,120 · Fundraising $5,400$87,000
IX-7 Other salaries and wagesPrograms $125,146$125,146
IX-9 Other employee benefitsPrograms $1,727$1,727
IX-10 Payroll taxesPrograms $15,577 · Management $413 · Fundraising $239$16,229
IX-11c Accounting feesManagement $317$317
IX-11g Other fees for servicesPrograms $12,967 · Management $671 · Fundraising $537$14,175
IX-13 Office expensesPrograms $1,304 · Fundraising $254$1,558
IX-14 Information technologyPrograms $1,832 · Management $38 · Fundraising $19$1,889
IX-16 OccupancyPrograms $58,116 · Management $593 · Fundraising $593$59,302
IX-17 TravelPrograms $218$218
IX-19 Conferences, conventions and meetingsPrograms $445$445
IX-22 Depreciation, depletion and amortizationPrograms $851$851
IX-23 InsurancePrograms $1,899 · Management $1,349$3,248
IX-24 Other expenses (24a–d)Programs $13,990 · Fundraising $692$14,682
IX-25 Total functional expensesPrograms $312,552 · Management $6,501 · Fundraising $7,734$326,787
Part X · Balance sheet $148,190 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $41,759$85,977
X-4 Accounts receivable$57,917
X-10c Land, buildings and equipment, netStart of year $0$2,734
X-15 Other assetsStart of year $39,075$1,562
X-16 Total assetsStart of year $80,834$148,190
X-17 Accounts payable and accrued expenses$286
X-25 Other liabilitiesStart of year $0$14,450
X-26 Total liabilitiesStart of year $0$14,736
X-32 Total net assets or fund balancesStart of year $80,834$133,454
X-33 Total liabilities and net assetsStart of year $80,834$148,190
Part XI · Reconciliation of net assets $133,454 net assets at year end
XI-1 Total revenue$380,822
XI-2 Total expenses$326,787
XI-3 Revenue less expenses$54,035
XI-4 Net assets at start of year$80,834
XI-8 Prior period adjustments−$1,415
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$133,454

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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