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Talkington Endowment

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203131656 ✦ Lubbock, TX ✦ Designated as a 501(c)(3)

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Overview

What is Talkington Endowment?

The Talkington Endowment is a nonprofit organization, established with a perpetual endowment, situated in Lubbock, Texas at 511 Avenue K. Its primary mission is to support the Louise Hopkins Underwood Center for the Arts. By distributing funds from this endowment, the Talkington Endowment aims to sustain the operations of the arts center, ensuring its continued existence and contributions to the local community. The Louise Hopkins Underwood Center for the Arts likely provides opportunities for artistic expression and engagement, enriching the cultural landscape of Lubbock.

Is Talkington Endowment legitimate?

Talkington Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Talkington Endowment submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Talkington Endowment?

The Talkington Endowment has a mission to establish an endowment in perpetuity, specifically for the Louise Hopkins Underwood Center for the Arts. The primary objective of this endowment is to provide ongoing financial support to sustain the operations of the center. In simpler terms, the Talkington Endowment aims to ensure the long-term financial stability and successful operation of the Louise Hopkins Underwood Center for the Arts.

Who is the CEO of Talkington Endowment?

Ryan Henry is the Trustee of Talkington Endowment.

What is the revenue of Talkington Endowment?

Talkington Endowment's revenue in 2022 was $161,764.

Who are the executives of Talkington Endowment and what are their salaries?

There 150 volunteers at Talkington Endowment.


Here are 8 key members and their salaries:


Suzanne Blake (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Green (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Henry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Henry (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chase Key (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Littlejohn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arlene Matthews (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Phillips (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Talkington Endowment?

Talkington Endowment's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Talkington Endowment

The Talkington Endowment, named after its establishment, is committed to a noble cause. Its mission, set in perpetuity, is to establish an endowment that primarily serves the Louise Hopkins Underwood Center for the Arts. This endowment's purpose is to sustain the operations of the center, ensuring its continued existence and impact. In essence, the Talkington Endowment is dedicated to providing operational support to the Louise Hopkins Underwood Center for the Arts, ensuring its longevity and ability to continue its artistic endeavors.

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Impact




October, 2024

The Talkington Endowment provides crucial operational support for the Louise Hopkins Underwood Center for the Arts, ensuring the center's sustainability and long-term viability. By establishing an endowment dedicated to this purpose, the Talkington Endowment plays a vital role in preserving and enhancing the arts in Lubbock, Texas. Its contributions enable the center to deliver diverse cultural programs, exhibitions, and educational opportunities, fostering community engagement and enriching the artistic landscape of the region. The endowment secures a future where the center can continue to serve as a hub for creativity and artistic expression, benefiting both local artists and the broader community.




This information is meant to be a general summary of Talkington Endowment. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$161,764 (2022)
Expenses
$233,810 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $161,764
  • Gross Receipts: $161,764

Assets and Liabilities:

  • Total Assets: $4,434,121
  • Total Liabilities: $0
  • Net Assets: $4,434,121

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Organization Details

Founding Year

2008

Principal Officer

Ryan Henry

Main Address

511 AVENUE K, LUBBOCK, TX, 79401

NTEE Category

Code: A116 - Arts

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