Sid W Richardson Foundation
- Assets
- $543.4m
- Revenue
- $35.8m
- Investments
- $524.0m
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 07/2003
- Data as of
- 12/2021
- EIN
- 75-6015828
Organization Overview
Sid W Richardson Foundation is located in Fort Worth, TX. The organization was established in 2003. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sid W Richardson 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 12/2021, Sid W Richardson Foundation generated $35.8m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 25.2% each year . All expenses for the organization totaled $26.6m during the year ending 12/2021. While expenses have increased by 7.5% per year over the past 4 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
WESTERN ART MUSEUM - APPROXIMATELY 6500 PEOPLE VISITED FROM JUNE-DECEMBER 2021 ONCE REOPENED AFTER COVID AND THOUSANDS MORE ENGAGED ONLINE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Preston M Geren III President & CEO | 40 | $827,616 | |
Shanda Ranelle Business Manager | 40 | $137,265 | |
Carolyn Johns Senior Admin Officer | 35 | $131,622 | |
Scott Winterrowd Museum Director | 40 | $120,497 | |
Leslie Cleere Siteexhibitions COO | 40 | $82,407 | |
Leslie Thompson Director Of Adult Pr | 40 | $66,982 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Luther King Capital Management | 12/30/21 | $937,148 |
Jp Morgan Chase Bank | 12/30/21 | $115,144 |
Talkstrategy | 12/30/21 | $83,650 |
William H Koehler | 12/30/21 | $75,179 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,717,993 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,261,477 |
| Capital Gain Net Income | $21,261,477 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,846,266 |
| Total Revenue | $35,826,736 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $753,914 |
| Other employee salaries and wages | $899,966 |
| Pension plans, employee benefits | $531,928 |
| Interest | $0 |
| Taxes | $1,332,557 |
| Depreciation | $289,094 |
| Occupancy | $265,425 |
| Travel, conferences, and meetings | $1,849 |
| Printing and publications | $763 |
| Other expenses | $281,240 |
| Total operating and administrative expenses | $5,696,346 |
| Contributions, gifts, grants paid | $20,945,975 |
| Total expenses and disbursements | $26,642,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,617,246 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $1,016,760 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $2,121 |
| Prepaid expenses and deferred charges | $110,158 |
| Net Investments - land, buildings, equipment | $1,664,821 |
| Investments—mortgage loans | $0 |
| Investments—other | $58,879,502 |
| Net Land, buildings, and equipment | $4,252,322 |
| Other assets | $10,759,524 |
| Total assets | $543,405,327 |
| Accounts payable and accrued expenses | $1,085,748 |
| Grants payable | $4,925,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $5,067,862 |
| Total liabilities | $11,078,610 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sid W Richardson Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
The Charles Butt Foundation San Antonio, TX PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Independent Opportunities Inc Of Oklahoma Tulsa, OK | $20,718,127 | $36,214,630 |
Sid W Richardson Foundation Fort Worth, TX | $543,405,327 | $35,826,736 |
Genesys Works Group Return Houston, TX | $10,607,341 | $22,553,959 |
Families & Children Together Inc El Dorado, AR | $3,440,326 | $10,725,537 |
Vilcap Inc Houston, TX | $5,374,554 | $9,179,521 |
Kleinheinz Family Foundation For The Arts And Education Fort Worth, TX | $0 | $13,876,382 |
My Possibilities Plano, TX | $35,881,798 | $10,188,118 |
Hardesty Family Foundation Inc Tulsa, OK | $132,895,698 | $5,904,373 |
Brent House Corporation New Orleans, LA | $2,513,163 | $4,974,916 |
Alternative Building Concepts Group Garland, TX | $15,770,911 | $6,819,117 |
Sheltering Harbour Houston, TX | $3,221,749 | $5,825,428 |
Pwa Coalition Of Dallas Inc Dallas, TX | $14,827,763 | $6,751,009 |