Form 990 for tax year 2022
Filed by PERFORMING ARTS FORT WORTH INC.
Totals
- Total revenue
- $19,839,045
- Total expenses
- $22,669,046
- Contributions and grants received
- $2,198,273
- Grants paid
- $30,400
- Program service revenue
- $15,540,631
- Investment income
- $1,671,244
- Other revenue
- $428,897
- Total assets, end of year
- $135,017,496
- Total liabilities, end of year
- $10,378,123
- Net assets or fund balances, end of year
- $124,639,373
- Program services expenses (Part IX)
- $20,007,916
- Management and general expenses
- $2,371,049
- Fundraising expenses
- $290,081
- Program service expenses (Part III)
- $20,007,916
Program services were 88.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$145,173
-
1f · All other contributions, gifts and grants
$2,053,100
-
1g · Noncash contributions included above
$313,918
-
2a · Program service revenue: TICKET SALES/SURCHARGE/COMMISSION
total $14,181,665 · related or exempt $14,181,665
-
2b · Program service revenue: HALL RENTAL FEES
total $728,200 · related or exempt $728,200
-
2c · Program service revenue: FACILITY OPERATIONS
total $346,620 · related or exempt $346,620
-
2d · Program service revenue: VALET PARKING
total $273,082 · related or exempt $273,082
-
2e · Program service revenue: RETURN OF IPN MEMBERSHIP CONTRIBU
total $11,064 · related or exempt $11,064
-
3 · Investment income
total $1,507,446 · excluded $1,507,446
-
6a · Gross rents
real property $321,341 · personal property $31,406
-
6b · Less rental expenses
real property -$6,501 · personal property $66,018
-
6c · Rental income or loss
real property $327,842 · personal property -$34,612
-
6d · Net rental income or loss
total $293,230 · unrelated business -$34,612 · excluded $327,842
-
7a · Gross sales of assets other than inventory
other assets $25,834,332
-
7b · Less cost or other basis and sales expenses
other assets $25,670,534
-
7c · Gain or loss
other assets $163,798
-
7d · Net gain or loss
total $163,798 · excluded $163,798
-
8a · Fundraising events: gross income
$284,327
-
8a · Fundraising events: contributions included on line 1c
$145,173
-
8b · Fundraising events: direct expenses
$284,327
-
8c · Net income from fundraising events
total $0
-
10a · Gross sales of inventory
$350,455
-
10b · Cost of goods sold
$237,899
-
10c · Net income from sales of inventory
total $112,556 · unrelated business $112,556
-
11a · Other revenue: OTHER INCOME
total $23,111 · excluded $23,111
-
11e · Other revenue, total
$23,111
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $30,400 · program services $30,400
-
5 · Compensation of officers, directors and key employees
total $877,836 · program services $174,270 · management and general $645,476 · fundraising $58,090
-
7 · Other salaries and wages
total $3,570,832 · program services $3,152,150 · management and general $356,758 · fundraising $61,924
-
8 · Pension plan contributions
total $311,542 · program services $221,532 · management and general $80,179 · fundraising $9,831
-
9 · Other employee benefits
total $358,856 · program services $286,929 · management and general $62,393 · fundraising $9,534
-
10 · Payroll taxes
total $333,209 · program services $264,094 · management and general $61,058 · fundraising $8,057
-
11b · Fees: legal
total $60,747 · program services $45,560 · management and general $15,187
-
11c · Fees: accounting
total $60,930 · program services $30,465 · management and general $30,465
-
11f · Fees: investment management
total $303,934 · management and general $303,934
-
11g · Fees: other
total $540,782 · program services $513,743 · management and general $27,039
-
12 · Advertising and promotion
total $1,219,809 · program services $1,218,523 · fundraising $1,286
-
13 · Office expenses
total $299,523 · program services $179,773 · management and general $119,686 · fundraising $64
-
14 · Information technology
total $626,611 · program services $354,944 · management and general $271,667
-
16 · Occupancy
total $512,949 · program services $390,571 · management and general $122,378
-
17 · Travel
total $96,814 · program services $79,902 · management and general $16,543 · fundraising $369
-
22 · Depreciation, depletion and amortization
total $2,810,315 · program services $2,810,315
-
23 · Insurance
total $211,503 · program services $105,752 · management and general $105,751
-
24a · Other expenses: ARTIST AND EVENT EXPENS
total $9,175,922 · program services $9,012,363 · management and general $25,829 · fundraising $137,730
-
24b · Other expenses: BUILDING MAINTENANCE
total $896,571 · program services $837,488 · management and general $59,083
-
24c · Other expenses: ALL OTHER EXPENSES
total $369,961 · program services $299,142 · management and general $67,623 · fundraising $3,196
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $17,944,158 · end of year $22,990,149
-
3 · Pledges and grants receivable
beginning of year $214,000 · end of year $166,500
-
4 · Accounts receivable
beginning of year $137,362 · end of year $210,911
-
8 · Inventories for sale or use
beginning of year $196,308 · end of year $175,251
-
9 · Prepaid expenses and deferred charges
beginning of year $367,263 · end of year $554,891
-
10a · Land, buildings and equipment: cost or other basis
$102,369,485
-
10b · Land, buildings and equipment: accumulated depreciation
$63,354,352
-
10c · Land, buildings and equipment, net
beginning of year $40,836,639 · end of year $39,015,133
-
11 · Investments: publicly traded securities
beginning of year $56,663,885 · end of year $58,192,735
-
15 · Other assets
beginning of year $13,357,290 · end of year $13,711,926
-
17 · Accounts payable and accrued expenses
beginning of year $754,362 · end of year $557,241
-
19 · Deferred revenue
beginning of year $5,992,474 · end of year $9,820,882
-
27 · Net assets without donor restrictions
beginning of year $57,776,895 · end of year $57,966,885
-
28 · Net assets with donor restrictions
beginning of year $65,193,174 · end of year $66,672,488
Mission and programs · 2022
Mission
TO SERVE AS A PERMANENT HOME TO MAJOR ARTS ORGANIZATIONS OF FORT WORTH AND AS A PREMIER VENUE FOR TOURING ATTRACTIONS AND TO PROMULGATE ARTS EDUCATION. SEE SCHEDULE O, GENERAL STATEMENT 1.
Activities or mission (Part I)
TO SERVE AS A PERMANENT HOME TO MAJOR PERFORMING ARTS ORGANIZATIONS OF FORT WORTH AND AS A PREMIER VENUE FOR TOURING ATTRACTIONS AND TO PROMULGATE ARTS EDUCATION. SEE SCH. O, GS 1.
-
PRODUCTIONS AND PERFORMANCES - SEE SCHEDULE O GENERAL STATEMENT 1.
Expenses $18,757,039 · Revenue $15,540,631
-
EDUCATIONAL ACTIVITIES - SEE SCHEDULE O GENERAL STATEMENT 1.
Expenses $1,250,877 · Grants $30,400
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Elaine B AgatherELAINE B AGATHER
BOARD CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Edward P BassEDWARD P BASS
BOARD CHAIRMAN EMERITUS
- Total calculated
- $0
- Hours/week
- 1
-
Patricia H SchuttsPATRICIA H SCHUTTS
BOARD VICE CHAIR EMERITUS
- Total calculated
- $0
- Hours/week
- 1
-
Joel T SawyerJOEL T SAWYER
BOARD VICE PRESIDENT / TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Dee J Kelly JrDEE J KELLY JR
BOARD VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Jean RoachJEAN ROACH
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Jil BarnesJIL BARNES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer Giddings BrooksJENNIFER GIDDINGS BROOKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Eddie BroussardEDDIE BROUSSARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Becky BrumleyBECKY BRUMLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kim DardenKIM DARDEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joann DickersonJOANN DICKERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Glenn S ForbesGLENN S FORBES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Paige HigginsPAIGE HIGGINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Erich HolmstenERICH HOLMSTEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark L JohnsonMARK L JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Teresa KingTERESA KING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Marsha KleinheinzMARSHA KLEINHEINZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joe T LancarteJOE T LANCARTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert M LansfordROBERT M LANSFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sharon LeiteSHARON LEITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Pat LinaresPAT LINARES
DIRECTOR (PARTIAL YEAR)
- Total calculated
- $0
- Hours/week
- 1
-
Mary Ralph LoweMARY RALPH LOWE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John L MarionJOHN L MARION
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stacy MarshallSTACY MARSHALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Priscilla MartinPRISCILLA MARTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Eboney McCainEBONEY MCCAIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David McDavidDAVID MCDAVID
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian NewbyBRIAN NEWBY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Shannon RaySHANNON RAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lisa RoseLISA ROSE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rozanne RosenthalROZANNE ROSENTHAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gloria StarlingGLORIA STARLING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Amy TullyAMY TULLY
DIRECTOR (PARTIAL YEAR)
- Total calculated
- $0
- Hours/week
- 1
-
Wesley R TurnerWESLEY R TURNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steffen E PalkoSTEFFEN E PALKO
DIRECTOR (PARTIAL YEAR)
- Total calculated
- $0
- Hours/week
- 1
-
Jan ScullyJAN SCULLY
DIRECTOR (PARTIAL YEAR)
- Total calculated
- $0
- Hours/week
- 1
-
Dione KennedyDIONE KENNEDY
PRESIDENT / CEO
- Total calculated
- $618,030
- From this org
- $566,155
- From related orgs
- $0
- Other
- $51,875
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $566,155
- Bonus
- $0
- Other
- $0
- Deferred
- $40,495
- Nontaxable benefits
- $11,380
- Filer's total
- $618,030
-
Kathy DuboseKATHY DUBOSE
VICE PRESIDENT / CFO
- Total calculated
- $340,110
- From this org
- $291,497
- From related orgs
- $0
- Other
- $48,613
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $291,497
- Bonus
- $0
- Other
- $0
- Deferred
- $39,578
- Nontaxable benefits
- $9,035
- Filer's total
- $340,110
-
Alicia DuranALICIA DURAN
CFO (PARTIAL YEAR)
- Total calculated
- $0
- Hours/week
- 40
-
Dana StaytonDANA STAYTON
ASSISTANT SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Jason WiseJASON WISE
SENIOR VICE PRESIDENT OF OPERATIONS
- Total calculated
- $227,693
- From this org
- $200,593
- From related orgs
- $0
- Other
- $27,100
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $200,593
- Bonus
- $0
- Other
- $0
- Deferred
- $16,048
- Nontaxable benefits
- $11,052
- Filer's total
- $227,693
-
Jim CarleyJIM CARLEY
DIRECTOR OF SAFETY & RISK MANAGEMENT
- Total calculated
- $121,658
- From this org
- $106,568
- From related orgs
- $0
- Other
- $15,090
- Hours/week
- 40
-
David TidwellDAVID TIDWELL
DIRECTOR OF BUILDING SERVICES
- Total calculated
- $115,657
- From this org
- $105,047
- From related orgs
- $0
- Other
- $10,610
- Hours/week
- 40
-
Phillip DeleonPHILLIP DELEON
DIRECTOR OF CRM STRATEGY
- Total calculated
- $115,523
- From this org
- $102,936
- From related orgs
- $0
- Other
- $12,587
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
BASS PERFORMANCE HALL ENDOWMENT TRUST
501(C)(3) · FUNDING · TX · controlled entity
Directly controlled by PAFW
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 27 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202410889349300011
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