Dallas Contemporary
- Assets
- $3.6m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 29
- Location
- Dallas, TX
- Founding
- 01/1978
- Data as of
- 12/2021
- EIN
- 75-1575687
Organization Overview
Dallas Contemporary is located in Dallas, TX. The organization was established in 1978. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Dallas Contemporary employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dallas Contemporary 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, Dallas Contemporary generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
DALLAS CONTEMPORARY PRESENTS ART IN A FORUM THAT CULTIVATES ARTISTS, IGNITES LEARNING AND INSPIRES THE COMMUNITY. DALLAS CONTEMPORARY IS A NON-COLLECTING ART MUSEUM PRESENTING NEW AND CHALLENGING IDEAS FROM REGIONAL, NATIONAL AND INTERNATIONAL ARTISTS. THE INSTITUTION IS COMMITTED TO ENGAGING THE PUBLIC THROUGH EXHIBITIONS, LECTURES, EDUCATIONAL PROGRAMS AND EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVENTS AND EXHIBITIONS: A NON-COLLECTING KUNSTHALLE-STYLE ART SPACE, DALLAS CONTEMPORARY PROVIDES A SHOWCASE FOR EMERGING ARTISTS FROM TEXAS AND AROUND THE WORLD, PLACING TEXAS ARTISTS IN AN INTERNATIONAL CONTEXT AND BRINGING THE INSPIRATION OF CONTEMPORARY ART TO DALLAS. IT PROVIDES A COMFORTABLE, WELCOMING SPACE WHERE ARTISTS, THE ART-SAVVY, AND ART NOVICES OF ALL AGES CAN COME SEE, ENJOY AND BROADEN THEIR ARTISTIC HORIZONS. DURING 2021, DALLAS CONTEMPORARY ENGAGED 15,000+ VISITORS THROUGH 9 MAJOR EXHIBITIONS. EVEN 43 YEARS AFTER OUR FOUNDING, IT WAS A YEAR OF FIRSTS HERE AT DALLAS CONTEMPORARY. WE COMMISSIONED NEW WORKS FROM ARTISTS AT A POINT OF INFLECTION IN THEIR CAREERS. AUSTIN-BASED ARTIST ARIEL REN JACKSON DEBUTED A LYRICAL FILM ESSAY, TOMOO GOKITA FORAYED INTO EXPLORING COLOR AND RENATA MORALES BROUGHT TOGETHER DRAWING, CERAMIC, SOUND AND VIDEO IN A YEAR-LONG, MULTIMEDIA PROJECT -- THESE MARKED THE FIRST EVER MUSEUM SOLO SHOWS FOR JACKSON, GOKITA AND MORALES.
EDUCATION AND MEMBERSHIP: DALLAS CONTEMPORARYS EDUCATION AND MEMBERSHIP INITIATIVES PROVIDE OPPORTUNITIES FOR THE COMMUNITY TO LEARN ABOUT AND EXPERIENCE THE WORLD OF CONTEMPORARY ART FIRSTHAND. THERE ARE MULTIPLE LEVELS OF MEMBERSHIP AND A WIDE VARIETY OF EDUCATIONAL ACTIVITIES TO CHOOSE FROM. MEMBERS ARE PROVIDED WITH EXCLUSIVE OPPORTUNITIES SUCH AS ACCESS TO ATTEND EXHIBITION PREVIEWS, VISITS WITH LOCAL AND INTERNATIONAL ARTISTS, AND SOCIAL EVENTS HOSTED BY DC. THE EDUCATION OFFERINGS INCLUDE CHIT CHAT SESSIONS FOR ATTENDEES TO ENGAGE DIRECTLY WITH CONTEMPORARY ARTISTS, SCHOOL AND PUBLIC TOURS, SUMMER YOUTH PROGRAMS, AND WRITING AND DRAWING SESSIONS HOSTED BY LOCAL ARTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Doroshenko Executive Dir. | Officer | 40 | $215,375 |
Carolina Alvarez-Mathies Executive Dir. | Officer | 40 | $142,875 |
Laurie A Farrell Senior Curator | 40 | $116,917 | |
Harris Polakoff Treasurer | OfficerTrustee | 2 | $0 |
Laree Hulshoff Vice President | OfficerTrustee | 2 | $0 |
Rodger Kobes Secretary | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dietl International Fine Art Services | 12/30/21 | $343,527 |
Elleco Construction Construction | 12/30/21 | $235,138 |
The Box Company Art Work Transport | 12/30/21 | $153,604 |
Sutton Art Pr | 12/30/21 | $130,557 |
Transport Consultants Art Shipping | 12/30/21 | $359,923 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $254,204 |
| All other contributions, gifts, grants, and similar amounts not included above | $801,108 |
| Noncash contributions included in lines 1a–1f | $5,229 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,055,312 |
| Total Program Service Revenue | $598,659 |
| Investment income | $1,005 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,567 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,729,811 |
| 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. | $358,250 |
| Compensation of current officers, directors, key employees. | $14,330 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $356,766 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $46,944 |
| Payroll taxes | $55,037 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $82,448 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $180,276 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $193,972 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $131,448 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $140,811 |
| Insurance | $0 |
| All other expenses | $69,290 |
| Total functional expenses | $2,631,604 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,879 |
| Savings and temporary cash investments | $9,166 |
| Pledges and grants receivable | $19,512 |
| 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 | $17,012 |
| Net Land, buildings, and equipment | $3,422,863 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,580,432 |
| Accounts payable and accrued expenses | $301,046 |
| 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 | $500,636 |
| Other liabilities | $0 |
| Total liabilities | $801,682 |
| Net assets without donor restrictions | $2,629,263 |
| Net assets with donor restrictions | $149,487 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $3,580,432 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Dallas Contemporary has recieved totaling $120,573.
| Awarding Organization | Amount |
|---|---|
Kaleta A Doolin Foundation Dallas, TX PURPOSE: GIFT MADE TO SUPPORT THE SHILPA GUPTA EXHIBITION; | $35,000 |
Merrymac Mckinley Foundation Inc Dallas, TX PURPOSE: GENERAL OPERATING SUPPORT FOR PUBLIC ART MUSEUM | $20,000 |
Taca Inc Dallas, TX PURPOSE: ARTS | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $15,000 |
Bryant & Nancy Hanley Foundation Inc Dallas, TX PURPOSE: CHARITABLE PURPOSE | $10,000 |
William F And Patricia L Millerfamily Foundation Dallas, TX PURPOSE: GENERAL CONTRIBUTION | $10,000 |
Endowment Analysis
| Beg. Balance | $9,166 |
| Ending Balance | $9,166 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dallas Contemporary Dallas, TX | $3,580,432 | $1,729,811 |
Louisiana Art And Science Museum Inc Baton Rouge, LA | $6,561,733 | $3,010,375 |
Kid Smart New Orleans, LA | $1,431,671 | $1,483,541 |
Glass Control Inc Emp Ben Tr Lubbock, TX | $187,823 | $1,183,121 |
Ballroom Cultural Arts Foundation Marfa, TX | $1,422,501 | $1,165,140 |
Gil And Dody Weaver Foundation Dallas, TX | $0 | $964,218 |
Fotofest Inc Houston, TX | $1,959,929 | $2,155,129 |
Interform Springdale, AR | $499,617 | $931,526 |
Inspiration Point Fine Arts Colony Inc Eureka Springs, AR | $3,726,831 | $2,341,148 |
Dallas Spark Dallas, TX | $494,166 | $779,653 |
Valere B Potter Trust Uw Dallas, TX | $5,062,926 | $695,206 |
Creative Arts Center Of Dallas Dallas, TX | $609,840 | $730,284 |