Associated Businesses Of The Cultural District is located in Fort Worth, TX. The organization was established in 1994. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Associated Businesses Of The Cultural District is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Associated Businesses Of The Cultural District generated $55.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $40.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marlene Beckman Director | 1 | $0 | |
Jerry Thomspon Treasurer | 1 | $0 | |
Fernando Costa Director | 1 | $0 | |
Susan Drake Director | 1 | $0 | |
Chris Harmon Director | 1 | $0 | |
Jonathan Morris Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,100 |
| Total Program Service Revenue | $0 |
| Membership dues | $34,354 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,454 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,272 |
| Total expenses | $40,272 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,303 |
| Other assets | $0 |
| Total assets | $62,303 |
| Total liabilities | $17,050 |
| Net assets or fund balances | $45,253 |