Fort Worth Art Association Endowment Foundation
3200 Darnell St, Fort Worth, TX · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $6,366,112 | $9,380,908 | $204,131,716 |
| FY2024 | $5,417,143 | $7,601,610 | $195,093,502 |
| FY2023 | $39,225,697 | $8,188,108 | $180,189,719 |
| FY2022 | $7,608,926 | $7,482,927 | $139,455,294 |
| FY2021 | $12,496,724 | $7,963,587 | $164,657,760 |
| FY2020 | $3,275,741 | $4,841,715 | $130,731,629 |
| FY2019 | $6,920,340 | $7,958,424 | $127,680,603 |
| FY2018 | $14,632,133 | $7,101,670 | $126,607,882 |
| FY2017 | $10,580,506 | $5,280,268 | $112,136,948 |
| FY2016 | $7,405,654 | $6,473,912 | $97,234,297 |
| FY2015 | $6,845,520 | $4,307,388 | $102,607,460 |
| FY2014 | $4,467,975 | $4,117,874 | $99,707,824 |
| FY2013 | $1,042,535 | $2,555,922 | $89,388,290 |
Form 990 filings
The returns filed by Fort Worth Art Association Endowment Foundation (EIN 45-4746777), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $260,676 | 4% |
| Program service revenue | $0 | 0% |
| Other revenue | $6,105,436 | 96% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $7,495,347 | 80% |
| Management & general | $1,885,561 | 20% |
| Fundraising | $0 | 0% |
What the numbers show
- Other revenue made up 96% of total revenue in FY2025.
- Program services accounted for 80% of functional expenses, management & general 20%, and fundraising 0%.
- 80% of functional expenses went to program services in FY2025. That is higher than 46.2% of 52 Arts, Culture & Humanities organizations in TX.
- Net assets covered about 261.1 months of expenses at the end of the reporting year. That puts it in the 95th percentile among 1946 Arts, Culture & Humanities organizations in TX.
- Total revenue was higher than 96.5% of 2002 Arts, Culture & Humanities organizations in TX.
- Total revenue rose from $1,042,535 in FY2013 to $6,366,112 in FY2025. Revenue increased in 8 and decreased in 4 of 12 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 13 reported years (FY2013, FY2019, FY2020, FY2024, FY2025).
- The highest revenue on record here is $39,225,697 in FY2023.
- Net assets grew from $89,388,290 to $204,131,716 between FY2013 and FY2025.
- Contributions and grants made up 195% of revenue in FY2013 and 4% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF THE FORT WORTH ART ASSOCIATION, A SEC. 501(C)(3) ORGANIZATION. THE FOUNDATION IS RESPONSIBLE FOR THE ADMINISTRATION OF THE LONG TERM INVESTMENTS HELD FOR THE BENEFIT OF THE ASSOCIATION AND ITS AFFILIATES.
IRS status
| Ruling year | 2013 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | A11 — Arts, Culture & Humanities (in TX) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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