Dallas Society Of Visual Communications Foundation
- Assets
- $123.6k
- Revenue
- $69.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 08/2010
- Data as of
- 12/2023
- EIN
- 27-0417245
Organization Overview
Dallas Society Of Visual Communications Foundation is located in Dallas, TX. The organization was established in 2010. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dallas Society Of Visual Communications Foundation 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 12/2023, Dallas Society Of Visual Communications Foundation generated $69.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $93.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SCHOLARSHIPS FOR HIGH-SCHOOL AND COLLEGE STUDENTS PURSUING A CAREER IN THE VISUAL COMMUNICATIONS PROFESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ANNUAL NATIONAL STUDENT SHOW AND CONFERENCE - BRINGS STUDENTS FROM ALL OVER THE NATION TOGETHER FOR A COMPETITION OF VISUAL COMMUNICATIONS AND A 3 DAY CONFERENCE. OUR GOAL IS TO EDUCATE AND INSPIRE THE FUTURE OF THE CREATIVE INDUSTRY AND REWARD THE BEST WORK THROUGH SCHOLARSHIPS AND AWARDS. THERE WERE 456 SUBMISSIONS FROM 46 SCHOOLS AND 199 REGISTRATIONS. THROUGH THE CONFERENCE WE HOPE TO ATTRACT THE BEST VISUAL COMMUNICATORS TO DALLAS AFTER GRADUATION AND HELP GROW THE MEMBERSHIP OF THE ORGANIZATION OVER TIME.
GOLF TOURNAMENT - THE 2023 DSVC DREAM DRIVE GOLF TOURNAMENT WAS CANCELLED.
FALL CLASSIC & BIKE EVENT - PRESENTED BY CLAMPITT PAPER IN NOVEMBER 2023. 14 TICKETS WERE SOLD TO MEMBERS AT $50 PER TICKET, 9 TICKETS WERE SOLD TO NON-MEMBERS AT $65 PER TICKET, 9 GROUP TICKETS AT $45 EACH, AND 2 STUDENT TICKETS AT $40. CLAMPIT DONATED $1,500.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandon Murphy | Trustee | 3 | $0 |
Josh Ege | Trustee | 3 | $0 |
Bryan Grudowski | OfficerTrustee | 3 | $0 |
Angela George | OfficerTrustee | 3 | $0 |
Andy Slipher | Trustee | 3 | $0 |
Ivy Urquhart | Officer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $59,119 |
| Investment income | $10,071 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $69,190 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,883 |
| Office expenses | $4,320 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,023 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $7,048 |
| Total functional expenses | $93,623 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,579 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $123,579 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,063 |
| Total liabilities | $1,063 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $122,516 |
| Total liabilities and net assets/fund balances | $123,579 |