Multipurpose Arena Fort Worth
95% goes to programs $0 to raise $100 Strong reserves Growing revenue
Multipurpose Arena Fort Worth is a 501(c)(3) organization based in Fort Worth, Texas, registered in 2016, with $94,816,004 in FY2024 revenue. CharityIndex grades it A+, and it directs about 95% of spending to programs.
1911 Montgomery St, Fort Worth, TX, 76107 EIN 81-2774292 Since 2016
Revenue (FY2024)
$94.8M
▲ 1.3% vs prior year
Recreation median: $129K
Expenses (FY2024)
$68.5M
Net assets
$38.6M
Employees
2,421
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating95% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Multipurpose Arena Fort Worth: 95% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · +28% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Multipurpose Arena Fort Worth: 7 mo reserves · +28% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Multipurpose Arena Fort Worth: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Multipurpose Arena Fort Worth: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Multipurpose arena fort worth is operated to lessen the burdens of the city of fort worth, texas.
Contact & location
- Address
- 1911 Montgomery St, Fort Worth, TX, 76107
- City
- Fort Worth
- State
- Texas
- Category
- Recreation & Sports
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $0 (FY2016) to $94.8M (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $128.0MNet assets $38.6M
Operating margin
27.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$166.7M
Total liabilities
$128.0M
Net assets
$38.6M
Salaries & benefits
$13.2M
19% of expenses
Board members
8
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $94,816,004▲1.3% | $68,469,567▼12.9% | $38,635,287▲212% | $166,667,514▲23.6% | 990 |
| 2023 | $93,600,746▲17.2% | $78,650,815▲14.3% | $12,363,784▲578% | $134,897,668▲4.6% | 990 |
| 2022 | $79,842,181▲27.1% | $68,793,194▲26.8% | -$2,586,147▲81.0% | $128,978,224▲13.6% | 990 |
| 2021 | $62,812,893▲148% | $54,265,221▲96.1% | -$13,635,134▲38.5% | $113,490,579▲20.3% | 990 |
| 2020 | $25,283,673▼13.0% | $27,669,512▼8.8% | -$22,182,806▼12.1% | $94,311,504▲8.9% | 990 |
| 2019 | $29,074,326▲57343% | $30,331,987▲490% | -$19,796,967▼138% | $86,566,428▲127% | 990 |
| 2018 | $50,614▲124% | $5,140,432▲128% | -$8,324,613▼157% | $38,079,653▲512% | 990 |
| 2017 | -$214,704 | $2,250,231▲192% | -$3,234,795▼320% | $6,226,372▲68.0% | 990 |
| 2016 | $0 | $769,860 | -$769,860 | $3,707,004 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Matthew D Homan — $793,873 (1.16% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Matthew D Homan | President | 70 | $793,873 |
| Nicole P Epps | Vp and Cfo | 70 | $344,296 |
| Julie E Margolin | Vp of Food and Beverage | 70 | $331,345 |
| William E Shaw III | Vp of Operations | 70 | $315,652 |
| Ryan Ziegler | Sr. Director of Events | 70 | $213,279 |
| Franz Shelko | Director of Premium F&b Op | 70 | $140,592 |
| Thomas Schmidt | Director of Technology | 70 | $135,108 |
| Terry Blake | Director of Human Resources and Payroll - Py | 70 | $125,732 |
| Wieland Harris | Director of Engineering | 70 | $121,681 |
| Dana Stayton | Assistant Secretary | 0.5 | — |
| David Cooke | Director | 0.5 | — |
| Dee J Kelly Jr | Director | 0.5 | — |
| Edward P Bass | Chairman | 4 | — |
| Francisco Hernandez | Director | 0.5 | — |
| Jay Chapa | Director | 0.5 | — |
| Lillie Biggins | Director | 0.5 | — |
| Macy Hill | Director | 0.5 | — |
| William Meadows | Director | 0.5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Rhino Texas LLC | Stage Hands | $3,535,282 |
| Tarrant Construction Services Ltd | Construction | $2,961,838 |
| Ahi Facility Services Inc | Post Event Cleaning | $1,599,240 |
| Instawork | Staffing | $1,515,491 |
| On Point Personnel LLC | Staffing | $1,204,223 |
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Compare Multipurpose Arena Fort Worth
Frequently asked questions
- Is Multipurpose Arena Fort Worth a legitimate nonprofit?
- Yes. Multipurpose Arena Fort Worth is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-2774292, based in Fort Worth, Texas. Donations are tax-deductible.
- What is Multipurpose Arena Fort Worth's EIN?
- Multipurpose Arena Fort Worth's Employer Identification Number (EIN) is 81-2774292.
- How much revenue does Multipurpose Arena Fort Worth report?
- Multipurpose Arena Fort Worth reported $94,816,004 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Multipurpose Arena Fort Worth's spending goes to programs?
- Multipurpose Arena Fort Worth spends about 95% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Multipurpose Arena Fort Worth have?
- CharityIndex grades Multipurpose Arena Fort Worth A+, based on program efficiency and fundraising cost.
- How much does Multipurpose Arena Fort Worth's highest-paid employee make?
- The highest reported compensation on Multipurpose Arena Fort Worth's latest Form 990 is $793,873, paid to Matthew D Homan (President).
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Data for Multipurpose Arena Fort Worth (EIN 81-2774292) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.