Texas Creative Arts Academy
- Assets
- $29.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Flower Mound, TX
- Founding
- 10/2009
- Data as of
- 12/2022
- EIN
- 26-4092928
Organization Overview
Texas Creative Arts Academy is located in Flower Mound, TX. The organization was established in 2009. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Creative Arts Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Texas Creative Arts Academy generated $115.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $107.7k during the year ending 12/2022. While expenses have increased by 5.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Clark Executive Dir. | 35 | $32,238 | |
Diana Stonecipher Treasurer | 1 | $0 | |
Michael Clark Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $115,319 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $115,319 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,238 |
| Professional fees and other payments to independent contractors | $33,344 |
| Occupancy, rent, utilities, and maintenance | $15,463 |
| Printing, publications, postage, and shipping | $74 |
| Other expenses | $26,623 |
| Total expenses | $107,742 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2 |
| Other assets | $0 |
| Total assets | $29,460 |
| Total liabilities | $25,000 |
| Net assets or fund balances | $4,460 |