Uatx is located in Austin, TX. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2022, Uatx employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Uatx is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PREPARE THOUGHTFUL AND ETHICAL BUILDERS, LEADERS, AND CITIZENS THROUGH CIVIL AND OPEN INQUIRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNIVERSITY WILL OFFER A RIGOROUS PROGRAM OF UNDERGRADUATE AND GRADUATE COURSES WITH AN APPLIED CURRICULUM BUILT ON A CLASSICAL LIBERAL FOUNDATION TAUGHT BY WORLD-CLASS SCHOLARS AND KNOWLEDGE CREATORS THAT LEADS TO DEGREES THAT WILL BE RECOGNIZED AS AN INDICATOR OF DISTINCTIVE ACCOMPLISHMENT AND ABILITY.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Pano Kanelos President | OfficerTrustee | 37.5 | $40,064 | 
| Loren Rotner Secretary/treasurer | OfficerTrustee | 2 | $0 | 
| Joseph T Lonsdale Chairman | OfficerTrustee | 1 | $0 | 
| Niall Ferguson Director | Trustee | 1 | $0 | 
| Heather Heying Director | Trustee | 1 | $0 | 
| Bari Weiss Director | Trustee | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 | 
| Membership dues | $0 | 
| Fundraising events | $0 | 
| Related organizations | $0 | 
| Government grants | $0 | 
| All other contributions, gifts, grants, and similar amounts not included above | $11,371,653 | 
| Noncash contributions included in lines 1a–1f | $6,379 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,371,653 | 
| Total Program Service Revenue | $0 | 
| Investment income | $9 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $0 | 
| Net Gain/Loss on Asset Sales | $0 | 
| Net Income from Fundraising Events | $0 | 
| Net Income from Gaming Activities | $0 | 
| Net Income from Sales of Inventory | $0 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $11,371,662 | 
| 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. | $338,600 | 
| Compensation of current officers, directors, key employees. | $80,970 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $649,353 | 
| Pension plan accruals and contributions | $25,767 | 
| Other employee benefits | $51,205 | 
| Payroll taxes | $70,138 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $52,122 | 
| Fees for services: Accounting | $21,975 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $29,019 | 
| Fees for services: Investment Management | $0 | 
| Fees for services: Other | $353,938 | 
| Advertising and promotion | $22,379 | 
| Office expenses | $35,453 | 
| Information technology | $52,164 | 
| Royalties | $0 | 
| Occupancy | $0 | 
| Travel | $133,266 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $356,098 | 
| Interest | $0 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $0 | 
| Insurance | $6,033 | 
| All other expenses | $477 | 
| Total functional expenses | $2,197,987 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,532,612 | 
| Savings and temporary cash investments | $100,009 | 
| Pledges and grants receivable | $0 | 
| Accounts receivable, net | $6,596,820 | 
| 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 | $27,851 | 
| Net Land, buildings, and equipment | $0 | 
| Investments—publicly traded securities | $1,032,640 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $0 | 
| Total assets | $10,289,932 | 
| Accounts payable and accrued expenses | $89,996 | 
| 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 | $89,996 | 
| Net assets without donor restrictions | $10,199,936 | 
| 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 | $0 | 
| Total liabilities and net assets/fund balances | $10,289,932 |