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Fort Worth Art Association Endowment Foundation

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

EIN: 454746777 ✦ Fort worth, TX ✦ Designated as a 501(c)(3)

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Overview

What is Fort Worth Art Association Endowment Foundation?

The Fort Worth Art Association Endowment Foundation is a nonprofit organization situated in Fort Worth, Texas, specifically at 3200 Darnell Street. Its primary purpose is to support the Fort Worth Art Association, a 501(c)(3) organization, by managing long-term investments. This foundation is responsible for funding art purchases and various program services aimed at enhancing the association's mission. In essence, the Fort Worth Art Association Endowment Foundation serves as a financial backbone, providing resources to further the artistic pursuits and initiatives of the Fort Worth Art Association.

Is Fort Worth Art Association Endowment Foundation legitimate?

Fort Worth Art Association Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fort Worth Art Association Endowment Foundation 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 Fort Worth Art Association Endowment Foundation?

The Fort Worth Art Association Endowment Foundation's primary role is to operate solely for the benefit of the Fort Worth Art Association, a non-profit organization under Section 501(c)(3). Its main responsibility is the administration of the long-term investments intended for the advantage of the association and its affiliates. The purpose of these funds is to support the Fort Worth Art Association, contributing to art purchases and various program services.

Who is the CEO of Fort Worth Art Association Endowment Foundation?

Ardon Moore is the President/Trustee of Fort Worth Art Association Endowment Foundation.

What is the revenue of Fort Worth Art Association Endowment Foundation?

Fort Worth Art Association Endowment Foundation's revenue in 2022 was $7,608,926.

Who are the executives of Fort Worth Art Association Endowment Foundation and what are their salaries?


Here are 3 key members and their salaries:


Ardon Moore (President/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amar Tanna (Vice President/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rafa Garza (Treasurer/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fort Worth Art Association Endowment Foundation?

Fort Worth Art Association Endowment Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fort Worth Art Association Endowment Foundation

The Fort Worth Art Association Endowment Foundation exists with a sole purpose. This purpose is to exclusively benefit the Fort Worth Art Association, a recognized nonprofit organization under section 501(c)(3). The foundation's primary responsibility lies in managing the long-term investments that have been set aside for the benefit of the association and its affiliates. This role is crucial in ensuring the financial stability and growth of the Fort Worth Art Association, enabling it to continue its mission in supporting art purchases and various program services. The funds managed by the Fort Worth Art Association Endowment Foundation play a significant role in enhancing the association's ability to contribute to the art community and promote artistic endeavors.

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Impact




October, 2024

The Fort Worth Art Association Endowment Foundation significantly enhances the cultural landscape of Fort Worth by securing and managing funds dedicated to the arts. Through its administration of long-term investments, it provides critical financial support for art purchases and various program services that bolster the mission of the Fort Worth Art Association and its affiliates. This foundation plays a pivotal role in ensuring access to the arts, fostering creativity, and enriching the community by enabling diverse artistic endeavors and initiatives. Its impact extends not only to the acquisition of artworks but also to the broader support of cultural programming that engages and inspires the public.




This information is meant to be a general summary of Fort Worth Art Association Endowment Foundation. 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
$7,608,926 (2022)
Expenses
$7,482,927 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,685,323
  • Gross Receipts: $13,750,337

Assets and Liabilities:

  • Total Assets: $143,463,699
  • Total Liabilities: $4,008,405
  • Net Assets: $139,455,294

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Organization Details

Founding Year

2012

Principal Officer

Ardon Moore

Main Address

3200 DARNELL STREET, FORT WORTH, TX, 76107

NTEE Category

Code: A11 - Arts

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