Civic Intelligence

Artpace Inc.

990 • Fiscal year 2019 • EIN 04-3757857

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 22, 2020

445 N Main AvenueSan Antonio, TX 78205

(210) 212-4900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

35th percentile

0.02x

Higher debt load relative to assets than 35% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

39th percentile

0.05x

Higher debt load relative to revenue than 39% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

71st percentile

14%

Higher net margin than 71% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

79th percentile

$130,483

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 7.8% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

57th percentile

5.4%

Faster asset growth than 57% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

46th percentile

2.5%

Faster revenue growth than 46% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$3,466,881

Up $178,743 (+5.4%) from 2018

Net Assets

Up

$3,386,992

Up $236,281 (+7.5%) from 2018

Liabilities

Down

$79,889

Down $57,538 (-42%) from 2018

Revenue

Up

$1,680,449

Up $40,779 (+2.5%) from 2018

Expenses

Down

$1,444,168

Down $38,129 (-2.6%) from 2018

Net Income

Up

$236,281

Up $78,908 (+50%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $3,199,890Liabilities 2010: $216,217Net Assets 2010: $2,983,6732010Assets 2014: $3,289,869Liabilities 2014: $80,450Net Assets 2014: $3,209,4192014Assets 2015: $3,111,646Liabilities 2015: $121,449Net Assets 2015: $2,990,1972015Assets 2016: $2,908,673Liabilities 2016: $77,204Net Assets 2016: $2,831,4692016Assets 2017: $3,124,907Liabilities 2017: $131,569Net Assets 2017: $2,993,3382017Assets 2018: $3,288,138Liabilities 2018: $137,427Net Assets 2018: $3,150,7112018Assets 2019: $3,466,881Liabilities 2019: $79,889Net Assets 2019: $3,386,9922019Assets 2020: $4,120,379Liabilities 2020: $251,745Net Assets 2020: $3,868,6342020Assets 2021: $4,747,624Liabilities 2021: $103,995Net Assets 2021: $4,643,6292021Assets 2022: $5,778,703Liabilities 2022: $88,759Net Assets 2022: $5,689,9442022Assets 2023: $5,487,424Liabilities 2023: $189,437Net Assets 2023: $5,297,9872023Assets 2024: $6,247,556Liabilities 2024: $190,981Net Assets 2024: $6,056,5752024

Highlighted filing

2019

Assets$3,466,881
Liabilities$79,889
Net Assets$3,386,992

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,243,7572010Revenue 2014: $1,639,621Expenses 2014: $1,683,440Net Income 2014: -$43,8192014Revenue 2015: $1,603,547Expenses 2015: $1,822,769Net Income 2015: -$219,2222015Revenue 2016: $1,665,849Expenses 2016: $1,824,577Net Income 2016: -$158,7282016Revenue 2017: $1,749,508Expenses 2017: $1,587,639Net Income 2017: $161,8692017Revenue 2018: $1,639,670Expenses 2018: $1,482,297Net Income 2018: $157,3732018Revenue 2019: $1,680,449Expenses 2019: $1,444,168Net Income 2019: $236,2812019Revenue 2020: $1,708,706Expenses 2020: $1,397,693Net Income 2020: $311,0132020Revenue 2021: $2,060,315Expenses 2021: $1,399,616Net Income 2021: $660,6992021Revenue 2022: $2,830,881Expenses 2022: $1,511,363Net Income 2022: $1,319,5182022Revenue 2023: $1,099,274Expenses 2023: $1,491,231Net Income 2023: -$391,9572023Revenue 2024: $1,933,761Expenses 2024: $1,295,223Net Income 2024: $638,5382024

Highlighted filing

2019

Revenue$1,680,449
Expenses$1,444,168
Net Income$236,281
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 22, 2020
Return Version
2019v5.1
Gross Receipts
$1,811,805
Mission and Program Overview

Mission

Artpace operates an international artist-in-residence program and provides public exhibitions and educational programs for adults and school age children relating to contemporary art, primarily serving san antonio and south texas, including both public & private schools.

To support artists in the creation of new art through (continuation on schedule o)our international artist-in-residence program and engage the public with global art practices and experiences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,839,317$1,786,016▼ $53,301
Investments in Publicly Traded Securities$1,306,157$1,371,801▲ $65,644
Cash and Non-Interest-Bearing Accounts$75,102$295,372▲ $220,270
Prepaid Expenses and Deferred Charges$8,103$9,133▲ $1,030
Pledges and Grants Receivable$57,503$3,884▼ $53,619
Accounts Receivable$1,956$675▼ $1,281
Total Assets$3,288,138$3,466,881▲ $178,743
Liabilities
Accounts Payable and Accrued Expenses$62,027$55,389▼ $6,638
Deferred Revenue$75,400$24,500▼ $50,900
Total Liabilities$137,427$79,889▼ $57,538
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,024,832$3,371,413▲ $346,581
Net Assets With Donor Restrictions$125,879$15,579▼ $110,300
Total Net Assets Fund Balance$3,150,711$3,386,992▲ $236,281
Total Liabilities and Net Assets / Fund Balance$3,288,138$3,466,881▲ $178,743

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$788,754$1,341,272-
Other Land Buildings$13,698$23,294-
Land$586,576--
Equipment$396,988$675,076-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Riley RobinsonExecutive DirectorFT$120,245$10,238$130,483

Board Members and Trustees

NameTitle
Patricia Ruiz-healyChair
Jeanne KleinFounding Chair Emeritus
Janet Lennie FlohrVice-chair
Cameron ReddingDirector
Ceci GoldstoneDirector
Cristina Pena WallsDirector
Cruz OrtizDirector
Cynthia TolesDirector
Holly TupperDirector
Isaac JulienDirector
J Travis Capps JrDirector
Joyce SlocumDirector
Katie Pace HalleranDirector
Margo SawyerDirector
Nate CassieDirector
Rick LibertoDirector
Teri GrubbDirector
Anna WulfeSecretary
John WalterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,182,983
Program Service Revenue
$0
Investment Income
$166,371
Other Revenue
$331,095
All Other Contributions
$778,909
Change in Net Assets
$236,281

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,680,449
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,680,449
Total Revenue per Form 990
$1,680,449
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$802,735
Other Expenses$641,433
Total Fundraising Expense$98,227
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$459,802$27,604$52,839$540,245
Current Officers, Directors, Trustees, and Key Employees$108,221$12,025-$120,246
Other Employee Benefits$77,199$5,386$7,181$89,766
Depreciation Depletion$71,359$4,979$6,638$82,976
Office Expenses$64,286$4,485$5,981$74,752
Fees for Services Other$55,209$3,852$5,136$64,197
Occupancy$46,662$3,256$4,341$54,259
Payroll Taxes$45,131$3,149$4,198$52,478
Travel$36,618$2,555$3,406$42,579
Advertising$24,144--$24,144
Insurance$19,855$1,385$1,847$23,087
Information Technology$14,382$1,003$1,338$16,723
All Other Expenses$11,074$772$1,030$12,876
Other Expenses$8,884$620$826$10,330
Total Functional Expenses$1,272,271$73,670$98,227$1,444,168

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,444,168
Total Expenses per Audited Statements$1,444,168
Total Expenses per Form 990$1,444,168
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$351,033
Fundraising Direct Expenses$131,356
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Events$351,033$351,033$51,573$299,460
Total Events$351,033$351,033$131,356$219,677
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Certain officers or directors have business relationships with certain other officers or directors and the organization may, on occasion, conduct business with one of the officers or directors. Such transactions are conducted in the normal course of business and are not significant to the organization. All relationships and transactions are discussed with, and reviewed by, the board on at least an annual basis to verify a conflict of interest does not exist.

Form 990, Part VI, Section B, Line 11B

The form is prepared by the organization's independent public accounting firm. It is then reviewed by management and the board of directors before filing with the irs.

Form 990, Part VI, Section B, Line 12C

At least annually the board discusses any conflicts of interest and whether such conflicts are in its best interests.

Form 990, Part VI, Section B, Line 15

The board uses various methods to determine the appropriate compensation for its senior management, including reviewing compensation policies of other similar organizations; other form 990 filings, published comparability data, and similar methods.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and similar policies are available upon written request to its administrative offices.

Filing and Contact Details

Filer

Filer Name
Artpace Inc
EIN
04-3757857
Phone
2102124900
Address
445 N MAIN AVENUE, SAN ANTONIO, TX 78205

Signing Officer

Name
Riley Robinson
Title
Executive Director
Phone
2102124900
Signed
2020-06-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Riley Robinson
Formed
2002
Legal Domicile
TX
Voting Board Members
19
Independent Board Members
19
Employees
27
Volunteers
78

Preparer

Firm
Akin Doherty Klein & Feuge Pc
Address
8610 N NEW BRAUNFELS SUITE 101, SAN ANTONIO, TX 78217
Preparer
Susan Valdez
Phone
2108291300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

As a catalyst for artistic expression, we engage local communities with global art practices and experiences. Our vision is to be a creative laboratory that uses art to produce lasting impact on the arts community in san antonio and around the world. We are collaborative; we connect artists to resources, which inspire provocative risk-taking and the creation of ambitious new work. We are innovative; we challenge artists and communities to expand the bounds of creativity. We are diverse; we engage globally to embrace a wide range of perspectives, cultures, and ideas. We are global; we are a catalyst for international creative discourse. We are distinctive; we define a standard of excellence to foster the creative process. Artpace was founded by artist, collector, and philanthropist linda pace (1945 - 2007) in 1993 and opened to the public in 1995. Pace conceived of artpace as a laboratory of dreams, providing artists from all over the world with an environment that would encourage experimentation and growth. Growing from the inspired vision of one woman, artpace is now an internationally respected public institution and a cornerstone of contemporary art in texas.

Form 990, Part III, Line 4A

International artist-in-residence program: every year, artpace invites three guest curators to each select one international, one national, and one texas-based artist for a two-month residency to make new artwork followed by an eight-week exhibition of the new artwork. The residency serves as a catalyst for artists to strengthen and broaden their creative practices, while promoting cross-cultural exchange and mutual respect for diverse beliefs and values. Artpace provides each of the iair artists with studio space, a workshop, use of the artpace vehicles, support of a studio staff, a furnished on-site apartment, a living stipend, and provides funding for artwork production. All artwork is returned to the artists after their exhibition and often goes on to be featured in exhibitions and collections around the world. Since 1995, artpace's international artist-in-residence program has supported more than 245 artists from over 30 countries. Through a competitive process, the selected artists reside at artpace for two months and are given financial and technical resources to create bold and innovative work that they otherwise would not be able to create. Artpace's director selects the international artist-in-residence guest curators with input from the director of residencies and exhibitions. Before making the selection, the director travels nationally and internationally to various biennials, conferences, and exhibitions to meet with prospective curators. Artpace seeks established curators with significant experience working with living artists and exhibitions, a commitment to inclusivity, and a strong record of academic and critical writings. Since 1995, artpace has invited more than 45 internationally recognized guest curators. Renowned curators including cecilia alemani, kelly baum, okwui enwezor, deborah willis, lauri firstenberg, rita gonzalez, yuko hasegawa, sarah lewis, denise markonish, cuauhtemoc medina, hans-ulrich obrist, gabriel perez-barreiro, lawrence rinder, and robert storr have set a high standard for artistic rigor at artpace and have greatly contributed to the innovative and diverse nature of the residency program. Once the guest curators have been appointed, they select international and us-based artists who are making significant and promising strides in their field and will benefit from and thrive in an artpace residency. Texas artists are chosen through artpace's texas open call (an online submission system open to all texas artists). During their preliminary visit, guest curators conduct studio visits across the state with their top candidates from the open call. In the last 25 years, artpace's guest curators have conducted over 1,100 studio visits with texas artists, providing them professional experience and exposure. After their studio visits, guest curators make their final decisions for the residency. During this time, the curators consider the themes, concepts, and materials of the artists' work and how the three artists will interact and inspire one another during their residency. Once the guest curator makes their final selection of one international, one national, and one texas-based artist, the three artists have preliminary visits to artpace to begin planning their residency with staff and key stakeholders. Six months later, the artists arrive at artpace for the two-month production-based artist residency, followed by a seven-week exhibition of their new work. The residency is designed to provide artists with unparalleled resources that enable them to experiment with new ideas, take provocative risks, and realize innovative and ambitious new work. For many resident artists, artpace has proven to be a significant milestone in their careers, propelling them onto the international art stage. For instance, 46 artpace alumni artists have exhibited in whitney biennials; 22 have exhibited in venice biennials; eight have received "genius" grants from the john d. And catherine t. Macarthur foundation; and

Form 990, Part III, Line 4B

Exhibitions: in addition to our residency galleries, artpace has two rotating exhibition spaces, main space and the hudson showroom, which feature exhibitions showcasing the work of regional, national, and international artists through group shows, solo exhibitions, and community partnerships. Each year, the hudson showroom and the main space feature new innovative exhibitions in the spring, summer, and fall. The exhibitions are free and open to the public seven days of the week and are bolstered through free public programming.

Form 990, Part III, Line 4C

Public programs: artpace is one of the only major arts institutions in san antonio which is admission-free and open to the public seven days a week. Each year, over 11,000 people visit artpace to see our admission-free exhibitions and public programs, including artist talks, curator talks, and performances. In the fall, artpace also holds an admission-free, community festival, chalk it up, which draws more than 25,000 people, 80 schools, and 20 artists to create sidewalk chalk murals in the streets of downtown san antonio. Artpace's education programs play a critical role in supporting our mission to engage the public with global art practices and experiences. Artpace education programs include artpace teen council, university internships, workshops, and tours. In addition to the public programs surrounding artpace's international artists-in-residence program, artpace offers numerous other ways for the community to engage with contemporary art. Each year, artpace holds over 25 public programs for the san antonio community. Artpace's teen council program has received national recognition from the institute of contemporary art boston, a leader in arts education. Artpace's competitive teen council annually supports 12 teens in a nine-month, paid program designed for san antonio area high school students to become advocates for contemporary art and young leaders in the community. The council develops workshops, tours, teen nights, and other arts-driven programming to engage the high school students with art. The programs they create serve hundreds of students each year. Over 90% of teen council alumni pursue a college degree. Our university internship program annually serves 15-to-20 college students from higher education institutions across san antonio. This program has given students the tools, experience, and relationships to pursue artistic careers in arts organizations across the nation. Artpace offers admission-free guided tours of our exhibitions and facilities for schools, organizations, and individuals year-round. These tours engage a broad audience from elementary school students to senior center residents. Artpace collaborates with a number of local artists to bring monthly art-making workshops to the community. We also work with community organizations and nonprofits to provide space to host lecture series, film screenings, summer camps, and live performances. These partnerships are ongoing, and we are constantly seeking new partnerships to engage a wider and more diverse audience with contemporary art. Other program services. Curatorial residency: after recognizing the significant impact the international artist-in-residence guest curators' studio visits have on texas artists, artpace developed a curatorial residency, which invites two curators each year to artpace for a two-to-six-week residency. The program provides national and international curators time and resources to expand their practice and discover artists. Texas artists have limited access to established curators and art critics as compared with artists in creative hubs, such as new york or la. By supporting curators to conduct studio visits and write about their experiences, the residency brings greater attention to texas artists and provides them with professional opportunities. During their residency, curators conduct a minimum of 20 studio visits with artists whom they select from our texas open call and past residents. In addition to submitting their writings to national publications, curators publish written content for artpace's website. Curators can propose a future exhibition at artpace and will be considered for international artist-in-residence guest curator opportunities. The curatorial residents are provided with a stipend, a travel budget, access to our comprehensive library and archive, an artpace vehicle, and a furnished apartment. Artpace's director and director of residencies and exhibitions select the curators for our curatorial residenc

Part XII, Line 2C

The organization has a finance committee who take responsiblity for the audit. This process has not changed.

Financial Statement Notes

PART X, LINE 2:

Artpace is exempt from federal income tax under section 501(c)(3) of the internal revenue code. Artpace is not subject to the texas margin tax. Management is not aware of any tax positions that would have a significant impact on its financial position. Its federal tax returns for the last four years remain subject to examination

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IRS990/Form990PartVIISectionAGrp/PersonNm3JEANNE KLEIN
IRS990/Form990PartVIISectionAGrp/PersonNm4NATE CASSIE
IRS990/Form990PartVIISectionAGrp/PersonNm5JANET LENNIE FLOHR
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IRS990/Form990PartVIISectionAGrp/PersonNm16CRISTINA PENA WALLS
IRS990/Form990PartVIISectionAGrp/PersonNm17CAMERON REDDING
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
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IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3FOUNDING CHAIR EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19EXECUTIVE DIRECTOR
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04477
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