Texas Art Education Foundation
Nonprofit profile at a glance
- EIN
- 814322669
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Dallas, TX, USA
- Phone
- 9722339107
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts Education
Reported finances
- Revenue
- $53,996
- Expenses
- $29,142
- Assets
- $240,835
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- TIM LOWKE (Chairman)
- RICIA KERBER (VICE CHAIRMAN)
- TINA FARRELL (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
TAEF is the philanthropic arm of the Texas Art Education Association (TAEA). TAEF provides support for a variety of art education programs and promotes, invests and awards grants and scholarships to further the mission of the TAEA and its programs. TAEF's primary purposes are: To promote and advance the teaching of visual arts in the community, museum, elementary, secondary and higher education settings in the state of TexasTo support and assist teachers of visual arts in the state of Texas by awarding grantsTo foster and reward careers in art education through the awarding of scholarships to higher education students engaged in art education programs
What it reported doing in 2024
The Texas Art Education Foundation administers scholarships and grant programs for the membership of the Texas Art Education Association.1. Dale Battle Conference Scholarship awarded to a first-year art educator to attend annual conference - $300 scholarship (1-3 recipients annually depending on applications and funds)2. Memorial Scholarships awarded to pre-service university students pursuing art education as their focus - $1000 scholarships (1-7 recipients annually depending on applications).3. Membership Grants awarded to TAEA members to further research, professional learning or special projects with students - $500 grants (1-6 recipients annually depending on applications).4. Joey Doyle VASE Scholarship awarded to a student within the Visual Arts Scholastic Event during State VASE - $500 scholarship (1 recipient annually)5. Jim Henderson Scholarship awarded to a student within the Visual Arts Scholastic Event during State VASE - $500-$1500 scholarship (1-3 recipients annually)6. Christina Rich Scholarship awarded to a student within the Visual Arts Scholastic Event during State VASE - $500 scholarship (1 recipient annually)7. VASE Outstanding Artwork in: Electronic Media / Still Life / Expressive / Landscape Scholarship awarded to a student within the Visual Arts Scholastic Event during State VASE - $500 scholarship (1 recipient annually)8. VASE 2D Scholarship awarded to students within the Visual Arts Scholastic Event during State VASE various amounts (1-15 recipients annually)9. VASE 3D Scholarship awarded to students within the Visual Arts Scholastic Event during State VASE various amounts (1-15 recipients annually)8. VASE Sketchbook Scholarship awarded to students within the Visual Arts Scholastic Event during State VASE $100 scholarship (1-15 recipients annually)
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 99% of its reported program spending out as grants.
The verdict
STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 100
- Sustainability: 75
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.7%; rating input score 53
- Program expense ratio: 97.6%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 46%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 8.26; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -2.4% per year; rating input score 0; 42nd percentile among comparable filings
- Revenue growth: -8.8% per year; rating input score 0; 26th percentile among comparable filings
- Asset growth: 15.1% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 52.7% of revenue deployed · 97.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $28K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 53/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.