Texas Center For Arts-academics is a 501(c)(3) organization based in Fort Worth, Texas, registered in 1959, with $11,571,142 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$11.6M
▲ 0.0% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$11.6M
Net assets
$9.9M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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. Not scored for Texas Center For Arts-academics— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Texas Center For Arts-academics: 10 mo reserves · -1% margin earns a A on this criterion. See the exact thresholds →
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. Not scored for Texas Center For Arts-academics— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Texas Center For Arts-academics: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $7.2M (FY2013) to $11.6M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-0.6%
Spent more than it raised in the latest fiscal year.
Total assets
$11.8M
Total liabilities
$1.9M
Net assets
$9.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $11,571,142 | $11,640,437▼0.1% | $9,859,315▼0.8% | $11,760,867▼3.6% | 990 |
| 2023 | $11,565,407▲7.7% | $11,648,999▲10.0% | $9,940,017▲0.7% | $12,196,315▼5.1% | 990 |
| 2022 | $10,737,180▲0.6% | $10,590,036▲1.9% | $9,872,028▲2.2% | $12,848,326▼4.8% | 990 |
| 2021 | $10,668,475▲15.7% | $10,388,347▲16.5% | $9,661,065▲0.1% | $13,496,249▼3.8% | 990 |
| 2020 | $9,221,765▼1.9% | $8,914,383▲2.5% | $9,655,751▲4.9% | $14,025,945▼1.8% | 990 |
| 2019 | $9,402,834▲10.0% | $8,699,069▲2.9% | $9,203,731▲9.7% | $14,287,550 | 990 |
| 2018 | $8,550,973▲4.4% | $8,454,173▲3.8% | $8,392,771 | $14,282,492▼3.1% | 990 |
| 2017 | $8,188,733▲2.5% | $8,142,639▲3.0% | $8,392,762▲0.6% | $14,739,354▼3.2% | 990 |
| 2016 | $7,992,530▲6.3% | $7,903,235▲5.7% | $8,339,934▲2.1% | $15,224,143▼2.7% | 990 |
| 2015 | $7,515,695▲3.8% | $7,480,081▲5.7% | $8,166,100▼0.8% | $15,648,664▼4.1% | 990 |
| 2014 | $7,242,995▲1.3% | $7,076,217▲1.3% | $8,233,210▼0.4% | $16,317,702▼4.9% | 990 |
| 2013 | $7,152,518 | $6,985,502▲4.0% | $8,263,120▲2.9% | $17,167,172▼2.0% | 990 |
| 2012 | — | $6,718,551▲28.5% | $8,029,309▼1.1% | $17,513,933▲12.8% | 990 |
| 2011 | — | $5,229,167▲5.1% | $8,119,468▲5.4% | $15,524,362▲21.1% | 990 |
| 2010 | — | $4,976,676▲14.8% | $7,703,662▲14.0% | $12,823,382▼0.7% | 990 |
| 2009 | — | $4,335,198 | $6,755,525 | $12,918,117 | 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.
18 grants to Texas Center For Arts-academics totaling $205K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation of North Texas | For operating costs as requested by charlie reid | 2024 | $7,500 |
| Communities Foundation of Texas | This grant is designated for general support. | 2024 | $7,221 |
| Communities Foundation of Texas | This grant is designated for general support. | 2023 | $8,655 |
| Communities Foundation of Texas | This grant is designated for general support. | 2022 | $12,713 |
| Communities Foundation of Texas | This grant is designated for general support. | 2021 | $6,713 |
| Communities Foundation of Texas | This grant is designated for general support. | 2020 | $6,254 |
| Communities Foundation of Texas | This grant is designated for general support. | 2020 | $6,254 |
| Communities Foundation of Texas | This grant is designated for general support. | 2019 | $22,420 |
| Communities Foundation of Texas | This grant is designated for general support. no benefits to be received from this grant. | 2018 | $17,981 |
| Community Foundation of North Texas | To support the texas boys choir, in memory of linda morris elsey | 2018 | $10,000 |
| National Christian Charitable Foundation | Culture | 2018 | $2,500 |
| Communities Foundation of Texas | This grant is designated for general support. | 2017 | $33,976 |
| Communities Foundation of Texas | This payment for charitable purposes is payable to texarkana independent sch | 2016 | $30,000 |
| Community Foundation of North Texas | For scholarships | 2016 | $1,500 |
| Communities Foundation of Texas | North texas giving day 2015 | 2015 | $29,200 |
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Data for Texas Center For Arts-academics (EIN 75-0942885) 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.