South Texas Institute For The Arts

Organization Overview

South Texas Institute For The Arts is located in Corpus Christi, TX. The organization was established in 1957. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. South Texas Institute For The Arts 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 12/2021, South Texas Institute For The Arts generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 1.0% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO OPERATE EDUCATIONAL FACILITIES AND AN ART MUSEUM WHICH ADVANCE THE AWARENESS, KNOWLEDGE, APPRECIATION AND ENJOYMENT OF THE VISUAL ARTS FOR RESIDENTS AND VISITORS OF SOUTH TEXAS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ART EDUCATION PROGRAMS ARE AVAILABLE TO THE PUBLIC TO EDUCATE ABOUTTHE ARTS. ART COLLECTIONS AND EXHIBITS ARE DISPLAYED TO BRING ART TO THEPUBLIC.


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Board, Officers & Key Employees

Name (title)Compensation
Caitlin Chupe
Treasurer
$0
Pam Bower
Secretary
$0
Gustavo Barrera
Chair
$0
Kimberly Stockseth
Chair-Elect
$0
Robert Pate
Immediate Past Chair
$0
Sara Morgan
Director/ex-Officio
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$226,706
Fundraising events$0
Related organizations$0
Government grants $7,500
All other contributions, gifts, grants, and similar amounts not included above$1,575,189
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,809,395
Total Program Service Revenue$238,728
Investment income $2,174
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $587,473
Net Income from Fundraising Events -$13,661
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,742,109

Grants Recieved

Over the last fiscal year, we have identified 5 grants that South Texas Institute For The Arts has recieved totaling $25,098.

Awarding OrganizationAmount
Coastal Bend Community Foundation

Corpus Christi, TX

PURPOSE: PROGRAM SUPPORT

$16,000
Alice Kleberg Reynolds Meyer Fdn Tr

Austin, TX

PURPOSE: PROGRAM SERVICES/EXPENSES

$5,000
Warren Foundation

Corpus Christi, TX

PURPOSE: COLLABORATIVE SUPPORT

$3,517
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$81
View Grant Recipient Profile

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