Overview
What is Hill Country Arts Foundation Endowment Trust?
The Hill Country Arts Foundation Endowment Trust is a nonprofit organization situated in Irving, Texas, serving as an arts or humanities council. Their primary objective is to support the Hill Country Arts Foundation, an entity they are affiliated with. This support is likely to encompass various aspects, such as funding, resources, and advocacy, with the ultimate goal of promoting and nurturing the arts within the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
The Hill Country Arts Foundation Endowment Trust has received an 80% rating from Charity Navigator, which classifies it as a Three-Star charity. This rating reflects a strong performance in the Accountability & Finance category, indicating that the organization is managing its finances responsibly and transparently. The score is based entirely on the foundation's accountability metrics, which signify a commitment to ethical practices.
Strengths of the organization include a fully independent board comprised of 10 members, demonstrating a robust governance structure. It also scored perfectly in areas such as having no material diversion of assets and maintaining a conflict of interest policy, which enhances its credibility. Furthermore, the organization maintains a very low liabilities to assets ratio, affirming its financial stability.
While the organization excels in financial accountability, the rating does not provide detailed information on program effectiveness or impact. This limitation suggests that while Hill Country Arts Foundation Endowment Trust is financially sound, potential donors may want to seek additional information regarding its programs and overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Hill Country Arts Foundation Endowment Trust legitimate?
Hill Country Arts Foundation Endowment Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hill Country Arts Foundation Endowment Trust 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 Hill Country Arts Foundation Endowment Trust?
The Hill Country Arts Foundation Endowment Trust, functioning as an arts or humanities council, is committed to supporting the Hill Country Arts Foundation. Its primary objective is to contribute to the growth and success of this arts foundation, ensuring its continued operation and impact in the arts community. By providing financial assistance and resources, the Endowment Trust helps to foster artistic expression and creativity, ultimately enriching the cultural landscape. The Endowment Trust's role is crucial in preserving and nurturing the arts, ensuring they remain accessible and thriving for future generations.
Who is the CEO of Hill Country Arts Foundation Endowment Trust?
Sarah Derousseau is the President of Hill Country Arts Foundation Endowment Trust.
What is the revenue of Hill Country Arts Foundation Endowment Trust?
Hill Country Arts Foundation Endowment Trust's revenue in 2022 was $44,338.
Who are the executives of Hill Country Arts Foundation Endowment Trust and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Hill Country Arts Foundation Endowment Trust?
Hill Country Arts Foundation Endowment Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hill Country Arts Foundation Endowment Trust
The Hill Country Arts Foundation Endowment Trust is an organization committed to supporting the Hill Country Arts Foundation. This nonprofit's mission is to foster and promote the growth and development of the arts and humanities. By providing financial backing and resources, the Endowment Trust aims to strengthen and enhance the artistic endeavors of the Hill Country Arts Foundation. This support allows the foundation to continue its mission of providing cultural experiences and artistic opportunities to the community at large. The Endowment Trust's mission is crucial in ensuring the long-term success and sustainability of the Hill Country Arts Foundation, thereby enriching the cultural landscape for generations to come.
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Impact
October, 2024
The Hill Country Arts Foundation Endowment Trust makes a significant impact by supporting the Hill Country Arts Foundation, fostering a vibrant arts community in Irving, TX. By providing financial resources and backing, it enhances cultural programs and initiatives that enrich the local community's artistic landscape. This trust contributes to the promotion and accessibility of the arts, encouraging participation from diverse audiences and supporting artists in their creative endeavors. Its efforts help sustain a thriving environment where art and culture can flourish, creating a lasting legacy for future generations.
This information is meant to be a general summary of Hill Country Arts Foundation Endowment Trust. 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.
- Investment Income: $44,338
- Gross Receipts: $44,338
Assets and Liabilities:
- Total Assets: $777,500
- Total Liabilities: $0
- Net Assets: $777,500
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Organization Details
Founding Year
1978
Phone
(214) 522-3155Principal Officer
Sarah Derousseau
Main Address
6100 COLWELL BLVD SUITE 250, IRVING, TX, 75039
NTEE Category
Code: A26I - Arts
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