Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2018.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
72 cents of each dollar spent went to programs.
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
6 people listed on the 990; $37K paid to officers and key staff.
Jane Hervey’s $71K as Founding Executive Director is at the 65th percentile of top reported officer pay among 2216 $100K–1M 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 · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2021 | FY2020 |
|---|---|---|---|---|
| Jane Hervey | $70,669 | $52,939 | $46,120 | $36,675 |
| Xochi Solis | $13,400 | $3,000 | — | — |
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.
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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
Promotes gender equity in Texas creative communities via festivals, markets, and art programming.
Questions for Babes Fest INC
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Several in person and digital events were held throughout the year. In addition to our community meet-ups, workshops and pop-up panels that promote gender equality in arts and entrepreneurship we also achieved the followng in 2020:-STEPPED up our approach to advocacy and community care by distrubuting anti-racism resources and helping…
Through our biannual market program, crafther market, we amplified more than 267 women owned and minority-owned texas businesses and provided them access to 24,000 new customers.
Through our biannual entrepreneurial conference, work, we provide low-cost, accessible education to 423 women business owners and artists.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $21K | $32K |
| Total assetsLn 16 | $21K | $32K |
| LiabilitiesLn 26 | $0 | $25K |
| Net assetsLn 32 | $21K | $7K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $1K | $1K | ||
| Other salaries and wagesLn 7 | $52K | $24K | $24K | $5K |
| Other employee benefitsLn 9 | $5K | $3K | $3K | |
| Payroll taxesLn 10 | $6K | $3K | $3K | |
| Accounting feesLn 11c | $1K | $1K | ||
| Other fees for servicesLn 11g | $77K | $77K | ||
| Advertising and promotionLn 12 | $4K | $4K | ||
| Information technologyLn 14 | $2K | $2K | ||
| OccupancyLn 16 | $23K | $14K | $9K | |
| TravelLn 17 | $692 | $692 | ||
| Conferences, conventions and meetingsLn 19 | $5K | $3K | $3K | |
| InsuranceLn 23 | $2K | $563 | $2K | |
| Other expenses (24a–d)Ln 24 | $31K | $31K | ||
| All other expensesLn 24e | $11K | $65 | $11K | |
| Total functional expensesLn 25 | $222K | $160K | $57K | $5K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $490K | $419K | $71K | $74K | 990 PDF |
| FY2023 | $343K | $350K | −$7K | $2K | 990 PDF |
| FY2022 | $310K | $346K | −$36K | $9K | 990 PDF |
| FY2021 | $341K | $303K | $38K | $45K | 990 PDF |
| FY2020 Viewing | $209K | $222K | −$14K | $7K | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $208,968 revenue, 12 lines filed
Part VI · Governance 5 of 5 board members independent, 2 to look at
Part VIII · Statement of revenue $208,968 across 5 lines filed
Part IX · Statement of functional expenses $222,487 across 14 lines filed
Part X · Balance sheet $32,321 assets, 7 lines filed
Part XI · Reconciliation of net assets $7,175 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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