Overview
What is Dallas Art Fair Foundation?
The Dallas Art Fair Foundation (DAFF) is a nonprofit organization situated in Dallas, Texas. Its primary mission is to foster a nationwide and international understanding and admiration for art, culture, and humanities through fundraising and distribution of funds. DAFF achieves this goal by granting funds to various charitable organizations annually. In 202X, they distributed a sum of $166,800 to Dallas Contemporary, Dallas Museum of Art, and Nasher Sculpture Center following their benefit gala held in April. The foundation's activities involve organizing an annual event, the Dallas Art Fair Gala, to gather donations from patrons of the arts community. These contributions are then channeled towards deserving charitable or educational entities in the arts sector, chosen by the foundation's directors based on their merit and need.
Is Dallas Art Fair Foundation legitimate?
Dallas Art Fair Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dallas Art Fair 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.
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What is the mission statement of Dallas Art Fair Foundation?
The Dallas Art Fair Foundation's primary purpose is to gather donations, which are then utilized to foster an appreciation for the arts. They accomplish this by organizing an annual fundraising event, named the Dallas Art Fair Gala. This event serves as both an educational platform and a celebration of the arts. Attendees are invited to make donations by purchasing tickets to this event. The collected funds are distributed to deserving charitable or educational entities within the arts community, with the beneficiaries being chosen annually based on merit and need, as decided by the foundation's directors.
Who is the CEO of Dallas Art Fair Foundation?
Cliff Risman is the Chairman/Dir of Dallas Art Fair Foundation.
What is the revenue of Dallas Art Fair Foundation?
Dallas Art Fair Foundation's revenue in 2022 was $231,644.
Who are the executives of Dallas Art Fair Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Dallas Art Fair Foundation?
Dallas Art Fair Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dallas Art Fair Foundation
The Dallas Art Fair Foundation, an organization dedicated to promoting the appreciation of arts, has been established with a primary objective. The foundation's mission is to organize an annual fundraising event, known as the Dallas Art Fair Gala. This event serves as a platform for patrons of the arts community to make donations. They achieve this by purchasing tickets to attend this educational event and celebration of the arts. All the proceeds from this gala are then distributed to deserving charitable or educational beneficiaries in the arts community. Each year, the selection of these beneficiaries is made by the directors of the foundation, taking into account both their merit and the level of need they possess in the arts sector. The Dallas Art Fair Foundation's mission is thus centered around the goal of fostering a deeper appreciation for the arts in Dallas County, Texas, through its annual gala and the subsequent distribution of funds to worthy recipients.
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Impact
October, 2024
The Dallas Art Fair Foundation significantly enhances the appreciation and access to the arts within Dallas County, Texas. Through an annual fundraising event, the Dallas Art Fair Gala, the foundation invites patrons from the arts community to contribute, fostering a deeper connection between the community and the arts.
The impact of the foundation is evident in its financial support for local institutions, as illustrated by the $166,800 granted to organizations such as Dallas Contemporary, Dallas Museum of Art, and Nasher Sculpture Center. These funds not only sustain these institutions but also promote educational initiatives and cultural programming that enrich the community's experience of the arts.
By selecting beneficiaries based on merit and need, the foundation strategically allocates resources to ensure that its contributions have the greatest possible impact. This ongoing support fosters a vibrant artistic environment in Dallas, encouraging local talent and enhancing the cultural landscape for residents and visitors alike. Overall, the Dallas Art Fair Foundation plays a crucial role in cultivating an appreciation for art and promoting cultural education in the region.
This information is meant to be a general summary of Dallas Art Fair 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $140,850
- Gross Receipts: $231,644
Assets and Liabilities:
- Total Assets: $62,743
- Total Liabilities: $0
- Net Assets: $62,743
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Ticket Sales
Revenue
$140,850
Organization Details
Founding Year
2012
Phone
(214) 871-7930Principal Officer
Cliff Risman
Main Address
PO Box 191408, Dallas, TX, 75219
NTEE Category
Code: A12 - Arts
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