Corsicana Artist And Writer Residency
- Assets
- $97.6k
- Revenue
- $194.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Corsicana, TX
- Founding
- 03/2019
- Data as of
- 12/2022
- EIN
- 30-1001605
Organization Overview
Corsicana Artist And Writer Residency is located in Corsicana, TX. The organization was established in 2019. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corsicana Artist And Writer Residency 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, Corsicana Artist And Writer Residency generated $194.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 35.5% each year . All expenses for the organization totaled $142.0k during the year ending 12/2022. While expenses have increased by 0.6% per year over the past 2 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CORSICANA ARTIST AND WRITER RESIDENCY ADVANCES THE PRODUCTION OF NEW ARK AND IDEAS BY A NATIONAL AND INTERNATIONAL COMMUNITY OF ARTISTS AND WRITERS BY PROVIDING AN ARENA OF GENEROUS SUPPORTING HISTORIC SPACE ENRICHED BY THE LOCAL LEGACIES AND COMMUNITY OF CORSICANA, TEXAS. IT FURTHER PROVIDES RESOURCES FOR COMMUNITY OUTREACH, DISCUSSION AND EDUCATION IN THE NORTH TEXAS REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF SPACE AND MATERIAL SUPPORT FOR ARTISTS AND WRITERS--20 RESIDENTS IN 2022--THROUGH GRANTS IN KIND OF SPACE AND MATERIAL SUPPORT THROUGH FACILITIES AND ADMINISTRATION SUPPORT EXPENSES@ APPROXIMATELY 2500/RESIDENT
PUBLIC PROGRAMMING AND EDUCATIONAL OUTREACH THROUGH OPEN STUDIOS, PODCASTS, DOCUMENTATION AND OTHER MEDIA. THIS SERVES A BROAD COMMUNITY INCLUDING ARTISTS, LOCAL AND REGIONAL COMMUNITY CULTURAL INTEREST, AND DIRECT PATRONS. AUDIENCE OF 2-5000.
GENERAL EDUCATIONAL AND COMMUNITY OUTREACH THROUGH THE CAWR STOREFRONT, INCLUDING PRESENTATIONS AND READINGS BY RESIDENTS, ARTWORK DISPLAY, A BOOKSHOP OF WRITINGS BY RESIDENT ARTISTS AND MATERIALS RELATED TO THE WORK OF THE RESIDENTS. APPROXIMATELY 500 RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle Hobratschk Executive Director | Officer | 30 | $22,200 |
James Sullivan President | OfficerTrustee | 10 | $0 |
Joe Brooks Vice President | OfficerTrustee | 3 | $0 |
Helen Albritton Secretary | OfficerTrustee | 3 | $0 |
Jim Pannell Treasurer | OfficerTrustee | 3 | $0 |
Gerardo Gonzalez Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $47,401 |
| Related organizations | $0 |
| Government grants | $10,950 |
| All other contributions, gifts, grants, and similar amounts not included above | $134,223 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $192,574 |
| Total Program Service Revenue | $9,315 |
| Investment income | $26 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$4,670 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$2,985 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $194,921 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $22,200 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,600 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,198 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $28,456 |
| Office expenses | $2,088 |
| Information technology | $3,024 |
| Royalties | $0 |
| Occupancy | $41,337 |
| Travel | $0 |
| 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 | $783 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $954 |
| All other expenses | $0 |
| Total functional expenses | $142,030 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,541 |
| Savings and temporary cash investments | $55,026 |
| 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 | $97,567 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $97,567 |
| Total liabilities and net assets/fund balances | $97,567 |