Daphne Art Foundation

What it reported doing in 2024

Program accomplishment 1: exhibitions (6 exhibits) daphne art foundation's (daphne) exhibition program included six exhibitions in 2024. All of our exhibition programs are free and open to the community. An important goal for daphne is to create access to cultural programming. Our exhibitions intersect visual, performing and media arts. "linda lamantia: selected works, 2000-present" featured watercolor and acrylic paintings and pencil drawings. The exhibition included 25 works curated by maritza bautista and was at view at casa daphne from january 19 through february 23. "cards in the air," a solo exhibition by pittsburgh-based artist leah patgorski, featured works on fabric, cotton paper, wire thread and glair paint. Presented as abstractions, fragmented forms of representations that deconstruct patgorski's daily observations. The show was on view from april 5 through may 24 at casa daphne. "unusually familiar," a collective exhibition featuring artwork by 8 laredo and rio grande valley artists, was presented with support of the laredo college engineering, design and construction management technology department. The show, curated by maritza bautista, included photography, video, ceramics, painting, and installation and was presented at the martha fenstermaker memorial visual arts gallery from may 31 through july 26. "principe azul," a solo exhibition by salvador de la torre, was presented at casa daphne from july 19 through september 6. "principe azul" was de la torre's declaration about how family, heritage, conventions, gender and sexuality intersect to interpret self identity and the discovery process that they experienced. The show was featured on glasstire's top five exhibitions in Texas on july 25, 2024. The agency showcased artwork created by the races' summer student artists at the visual art gallery at Texas a&m international university on july 28. Races is daphne's multi-arts children's studio program that is offered free of charge to elementary school-aged children. The races art show allowed us to create another level of outreach to marginalized families that typically do not have access to the visual arts presented in a formal gallery setting. "air24" (artists-in-residency 2024) collectively featured the 7 artists who formed part of the air cohort. Exhibiting artists included oscar lopez, pedro morales, guadalupe navarro, andres padilla, kassandra romero, sonya marie sky, and cielo zuiga. The exhibit was presented at gallery 201 from october 11 through november 1. We closed the year with "border stories and nuestra delta mgica," a collective show featuring artwork by aliah jade candia, salma tern, jos gaitan, cris escobar, abel ortiz, diego diaz, santos polendo, amerika garca grewal, adoa and veneer, reynaldo mata funk, kelsie garza, ruben lozano, elisa sofia robles, and nuestra delta mgica - all artists that live along the borderlands of el paso all the way to brownsville. The show was part of the river city reverie: art, life, and memory along the rio grande, a 30th da del rio celebration. The show was presented at casa daphne from october 17 through october 31. Altogether we provided exhibition space to 24 artists from 18 different cities, including nuevo laredo in mexico. Program accomplishment 2: community series (11 projects) daphne art foundation partnered with 17 different agencies in laredo and the rio grande valley to provide 11 accessible arts and cultural programming to marginalized communities in the south Texas border region, including the production of two community murals. Presented across two weekends in two cities, daphne art foundation produced the miraaa media festival in collaboration with laredo film society, trucha, entre film center. Miraaa is a border-focused film festival which curates and commissions collaborative media works. This year, the festival showcased work by 28 filmmakers from Texas-mexico and borders across the world. Miraaa premiered 5 commissioned works by artists from lar

Financial Efficiency

• Mission deployment rate: 71.9%; rating input score 72
• Program expense ratio: 75.3%; rating input score 75
• Fundraising efficiency: $51.21 raised per $1 spent on fundraising; rating input score 77; 77th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 1 of 8 controls in place; rating input score 12
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 4.5%; rating input score 49; 49th percentile among comparable filings
• Total-asset coverage ratio: 1.17; rating input score 45; 45th percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 47; 47th percentile among comparable filings
• Officer compensation ratio: 23%; rating input score 16; 16th percentile among comparable filings

Growth

• Program expense growth: 57.7% per year; rating input score 100; 96th percentile among comparable filings
• Revenue growth: 20.3% per year; rating input score 100; 88th percentile among comparable filings
• Asset growth: 44.9% per year; rating input score 100; 96th percentile among comparable filings