FORT WORTH ART ASSOCIATION Charity Report

Public IRS 990 nonprofit record

FORT WORTH ART ASSOCIATION

EIN 75-1107061 · Arts, Culture & Humanities (A200)

What they do

THE FORT WORTH ART ASSOCATION, A TEXAS NON-PROFIT CORPORATION, WAS ESTABLISHED to ACQUIRE A COLLECTION of WORKS of MODERN ART of THE HIGHEST QUALITY and to PROMULGATE and MAINTAIN A PROGRAM of ART ACTIVITIES and ART EDUCATION IN FORT WORTH, TEXAS, for PUBLIC USE and BENEFIT. THE ASSOCIATION STRIVES to PROVIDE EDUCATIONAL ENJOYMENT IN MODERN ART, to PRESERVE THE ART HOLDINGS of THE ASSOCIATION and to CREATE PUBLIC APPRECIATION for SUCH ART BY ITS APPROPRIATE DISPLAY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $68.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders75 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

55.61%of revenue went to mission work68.1% of expenses · Program services

$81.64spent for every $100 of revenueRevenue covered expenses this year.

26.04%of revenue went to management and office costs31.9% of expenses

$6.37in assets for every $1 spent this yearSome assets cannot be spent right away.

50.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $728,452 for MARLA PRICE (MUSEUM DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$21,026,260

Mission workProgram services$11,691,68355.61% of revenue68.1% of expenses

ManagementOffice and general costs$5,474,20726.04% of revenue31.9% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$3,860,37018.36% of revenueShown in gray on the chart

Total expenses$17,165,89081.64% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 68.1% mission · 31.9% management · 0.0% fundraisingTotal expenses: 81.64% of revenue

2023Expense mix: 75.5% mission · 24.5% management · 0.0% fundraisingTotal expenses: 115.54% of revenue

2022Expense mix: 70.9% mission · 29.1% management · 0.0% fundraisingTotal expenses: 89.54% of revenue

2021Expense mix: 66.8% mission · 33.2% management · 0.0% fundraisingTotal expenses: 74.65% of revenue

2020Expense mix: 75.7% mission · 24.3% management · 0.0% fundraisingTotal expenses: 122.11% of revenue

2019Expense mix: 66.3% mission · 33.6% management · 0.1% fundraisingTotal expenses: 105.04% of revenue

2018Expense mix: 70.6% mission · 29.3% management · 0.1% fundraisingTotal expenses: 92.73% of revenue

2017Expense mix: 68.6% mission · 31.3% management · 0.1% fundraisingTotal expenses: 99.58% of revenue

Money in and money out

Revenue$21,026,260

Expenses$17,165,890

Annual surplus $3,860,370 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$11,691,683 · 68.1% of expenses

Management and office costs$5,474,207 · 31.9% of expenses

See all reported dollar amounts

Revenue$21,026,260

Expenses$17,165,890

Assets$109,413,233

Income$21,200,406

Contributions$10,551,980

Mission work (program services)$11,691,683

Grants given$8,327,700

Average grant$832,770

Management and general$5,474,207

Accounting fees$81,652

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MARLA PRICEMUSEUM DIRECTOR · 35 hrs/week $728,452Base $697,066 · Other $31,386

JO GARWOODCHIEF FINANCIAL OFFICER · 35 hrs/week $353,376Base $337,596 · Other $15,780

ANDREA KARNESCHIEF CURATOR · 35 hrs/week $240,085Base $216,392 · Other $23,693

ASHLEY JENSENCIO · 35 hrs/week $155,058Base $137,799 · Other $17,259

PLEZ TRANSOUDIRECTOR OF SECURITY · 35 hrs/week $149,063Base $140,498 · Other $8,565

ANGELA TUCKERDIRECTOR OF HUMAN RESOURCES · 35 hrs/week $142,837Base $135,000 · Other $7,837

BRENT MITCHELLHEAD OF EXHIBITION & COLLECTION MANAGEMENT · 35 hrs/week $141,756Base $125,700 · Other $16,056

SCOTT GRANTFACILITIES MANAGER · 35 hrs/week $134,454Base $120,634 · Other $13,820

ANTHONY WRIGHTHEAD OF DESIGN/INSTALLATION · 35 hrs/week $130,825Base $115,325 · Other $15,500

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (75)

MARLA PRICEMUSEUM DIRECTOR

JO GARWOODCHIEF FINANCIAL OFFICER

ANDREA KARNESCHIEF CURATOR

ASHLEY JENSENCIO

PLEZ TRANSOUDIRECTOR OF SECURITY

ANGELA TUCKERDIRECTOR OF HUMAN RESOURCES

BRENT MITCHELLHEAD OF EXHIBITION & COLLECTION MANAGEMENT

SCOTT GRANTFACILITIES MANAGER

ANTHONY WRIGHTHEAD OF DESIGN/INSTALLATION

MICHELLE BLAIREXECUTIVE COMMITTEE

POLLARD ROGERSSECRETARY

MICHAEL CORMANDIRECTOR

MICHAEL BORNITZDIRECTOR

MEGAN BOSCHINIDIRECTOR

MARY RALPH LOWEDIRECTOR

MARSLAND MONCRIEFCHAIRMAN OF THE BOARD

MARSHA KLEINHEINZEXECUTIVE COMMITTEE

MARK THISTLETHWAITEDIRECTOR

MARCUS SNYDERTREASURER

LEE M BASSEXECUTIVE COMMITTEE

LEE TENNISONDIRECTOR

L CHARLES WEATHERBY JRDIRECTOR

KIT MONCRIEFDIRECTOR

KIMBELL WYNNEDIRECTOR

ROZANNE ROSENTHALDIRECTOR

WINDI GRIMESDIRECTOR

TERRY MONTESIDIRECTOR

SUZY WILLIAMSDIRECTOR

SUZANNE LEVYDIRECTOR

SUSANNA GORSKI BARTOLOMEIDIRECTOR

STUART SCHULTZDIRECTOR

STACIE MCDAVIDDIRECTOR

SALLY EHRHARTDIRECTOR

MITZI DAVISDIRECTOR

ROBIN BUMSTEADDIRECTOR

RAYMOND B KELLY IIIDIRECTOR

RANDALL HUDSONDIRECTOR

RAFAEL GARZAPRESIDENT

KATHLEEN HICKSDIRECTOR

PAMELA CORBETT MURRINEXECUTIVE COMMITTEE

MONK WHITEDIRECTOR

BETH GIDEONDIRECTOR

DANA KELLYDIRECTOR

CORNELIA BLAKEEXECUTIVE COMMITTEE

CHARLENE MARSHDIRECTOR

CARTER BOWDENDIRECTOR

CARLA THOMPSONDIRECTOR

BRUCE PETTYDIRECTOR

BOB GINSBURGDIRECTOR

BLAINE SMITHEXECUTIVE COMMITTEE

GAIL GRANEKDIRECTOR

ASAD DEANEXECUTIVE COMMITTEE

ANNE MARIE BRATTONEXECUTIVE COMMITTEE

ANN RYANDIRECTOR

ANDREW BLAKEDIRECTOR

AMES FENDERDIRECTOR

AMAR TANNADIRECTOR

ALYCE JONESDIRECTOR

JAY SANDELINDIRECTOR

KAYDEE BAILEYDIRECTOR

KAY FORTSONDIRECTOR

ALLISON WAGNERDIRECTOR

JULIE KLEBERGDIRECTOR

JONATHAN NEDRELOWDIRECTOR

JONATHAN MORRISDIRECTOR

JOHN FORESTNERDIRECTOR

JOE MINTON JRDIRECTOR

KIM DARDENEXECUTIVE COMMITTEE

JANIE HARPERDIRECTOR

J PATRICK COLLINSDIRECTOR

HOWARD HALLAMDIRECTOR

GUNNIE CORBETTDIRECTOR

GREG IBANEZDIRECTOR

GEORGINA CONDREYDIRECTOR

GAIL RAWLDIRECTOR

About this charity

Recognized since: January 1940
Location: 3200 DARNELL STREET, FORT WORTH, TX 76107
County: Tarrant
In care of: ELIZABETH JANE STARR
Primary officer: ELIZABETH JANE STARR, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(817) 738-9215

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: WHITLEY PENN LLP
NTEE classification: Arts, Culture & Humanities (A200)
Grant-giving organization: Yes