Civic Intelligence

Sammons Center Endowment Corp

EIN 16-1677792 • 501(c)3 • Dallas, TX

Pub. 78 Eligible990-N Coverage

Profile

The sammons center endowment corp. Is organized to receive charitable contributions

3630 Harry Hines BoulevardDallas, TX 75219

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

1st percentile

-351%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

49th percentile

$127,000

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 134.0% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

67th percentile

10%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

54th percentile

9.2%

Faster revenue growth than 54% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Up

$7,143,897

Up $664,501 (+10%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$7,143,897

Up $664,501 (+10%) from 2024

Revenue

Up

$94,796

Up $7,975 (+9.2%) from 2024

Expenses

Down

$427,712

Down $5,202 (-1.2%) from 2024

Net Income

Up

-$332,916

Up $13,177 (+3.8%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $523,484Liabilities 2011: $0Net Assets 2011: $523,4842011Assets 2012: $3,500,009Liabilities 2012: $9Net Assets 2012: $3,500,0002012Assets 2013: $3,572,711Liabilities 2013: $0Net Assets 2013: $3,572,7112013Assets 2014: $3,603,035Liabilities 2014: $0Net Assets 2014: $3,603,0352014Assets 2015: $3,311,245Liabilities 2015: $0Net Assets 2015: $3,311,2452015Assets 2016: $3,356,338Liabilities 2016: $0Net Assets 2016: $3,356,3382016Assets 2017: $3,503,848Liabilities 2017: $0Net Assets 2017: $3,503,8482017Assets 2018: $4,004,777Liabilities 2018: $0Net Assets 2018: $4,004,7772018Assets 2019: $4,045,918Liabilities 2019: $0Net Assets 2019: $4,045,9182019Assets 2020: $5,444,237Liabilities 2020: $0Net Assets 2020: $5,444,2372020Assets 2021: $5,874,672Liabilities 2021: $0Net Assets 2021: $5,874,6722021Assets 2022: $5,061,805Liabilities 2022: $0Net Assets 2022: $5,061,8052022Assets 2023: $5,558,768Liabilities 2023: $0Net Assets 2023: $5,558,7682023Assets 2024: $6,479,396Liabilities 2024: $0Net Assets 2024: $6,479,3962024Assets 2025: $7,143,897Liabilities 2025: $0Net Assets 2025: $7,143,8972025

Highlighted filing

2025

Assets$7,143,897
Liabilities$0
Net Assets$7,143,897

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $523,484Expenses 2011: $0Net Income 2011: $523,4842011Expenses 2012: $02012Expenses 2013: $219,1802013Revenue 2014: $277,229Expenses 2014: $525,098Net Income 2014: -$247,8692014Revenue 2015: $153,604Expenses 2015: $27,204Net Income 2015: $126,4002015Revenue 2016: $30,839Expenses 2016: $38,337Net Income 2016: -$7,4982016Revenue 2017: $186,564Expenses 2017: $20,432Net Income 2017: $166,1322017Revenue 2018: $313,910Expenses 2018: $25,744Net Income 2018: $288,1662018Revenue 2019: $160,439Expenses 2019: $197,922Net Income 2019: -$37,4832019Revenue 2020: $171,817Expenses 2020: $89,598Net Income 2020: $82,2192020Revenue 2021: $164,745Expenses 2021: $332,213Net Income 2021: -$167,4682021Revenue 2022: $142,202Expenses 2022: $33,786Net Income 2022: $108,4162022Revenue 2023: $89,250Expenses 2023: $111,395Net Income 2023: -$22,1452023Revenue 2024: $86,821Expenses 2024: $432,914Net Income 2024: -$346,0932024Revenue 2025: $94,796Expenses 2025: $427,712Net Income 2025: -$332,9162025

Highlighted filing

2025

Revenue$94,796
Expenses$427,712
Net Income-$332,916

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.14$0.00$7.14$0.09$0.43$0.33
2024Detailed filing. Detailed filing data is available for this year.$6.48$0.00$6.48$0.09$0.43$0.35
2023Detailed filing. Detailed filing data is available for this year.$5.56$0.00$5.56$0.09$0.11$0.02
2022Detailed filing. Detailed filing data is available for this year.$5.06$0.00$5.06$0.14$0.03$0.11
2021Detailed filing. Detailed filing data is available for this year.$5.87$0.00$5.87$0.16$0.33$0.17
2020Detailed filing. Detailed filing data is available for this year.$5.44$0.00$5.44$0.17$0.09$0.08
2019Detailed filing. Detailed filing data is available for this year.$4.05$0.00$4.05$0.16$0.20$0.04
2018Detailed filing. Detailed filing data is available for this year.$4.00$0.00$4.00$0.31$0.03$0.29
2017Detailed filing. Detailed filing data is available for this year.$3.50$0.00$3.50$0.19$0.02$0.17
2016Detailed filing. Detailed filing data is available for this year.$3.36$0.00$3.36$0.03$0.04$0.01
2015Detailed filing. Detailed filing data is available for this year.$3.31$0.00$3.31$0.15$0.03$0.13
2014Detailed filing. Detailed filing data is available for this year.$3.60$0.00$3.60$0.28$0.53$0.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.57$0.00$3.57$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.50$0.00$3.50$0.00
2011Summary only. Only limited summary data is available for this year.$0.52$0.00$0.52$0.52$0.00$0.52
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2024 to Aug 31, 2025
Signed
Mar 16, 2026
Return Version
2024v5.2
Gross Receipts
$94,796
Mission and Program Overview

Mission

The sammons center endowment corp. Is organized to receive charitable contributions that will be held in an endowment. Income and capital gains from these contributions are available to sammons center for the arts in full support of its mission.

To receive charitable contributions that will be held in an endowment. Income and capital gains from these contributions are available to sammons center for the arts in full support of its mission.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,479,396$7,143,897▲ $664,501
Total Assets$6,479,396$7,143,897▲ $664,501
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$6,479,396$7,143,897▲ $664,501
Total Net Assets Fund Balance$6,479,396$7,143,897▲ $664,501
Total Liabilities and Net Assets / Fund Balance$6,479,396$7,143,897▲ $664,501

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$6,479,396-▲ $1,092,213$1,060$7,143,897
2023$5,558,768-▲ $1,353,542$7,040$6,479,396
2022$5,061,805-▲ $608,358$5,500$5,558,768
2021$5,874,761$67,500▼ $846,580$90$5,061,805
2020$5,444,237$105,000▲ $657,647-$5,874,761
Compensation and Service Providers

Employees

NameTitleOtherTotal
Joanna St AngeloExecutive Director$127,000$127,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$94,796
Other Revenue
$0
Change in Net Assets
$-332,916
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$386,000
Other Expenses$41,712
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$386,000--$386,000
Fees for Service Investment Mgmnt Fees$0$40,652$0$40,652
Fees for Services Other$1,060$0$0$1,060
Total Functional Expenses$387,060$40,652$0$427,712
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sammons Center for the ArtsDallas, TX501 C 3Support$386,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Sammons Center Endowment Corp
EIN
16-1677792
Phone
2145207788
Address
3630 HARRY HINES BOULEVARD, DALLAS, TX 75219

Signing Officer

Name
Lucas Lachance
Title
Treasurer
Phone
2145207788
Signed
2026-03-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joanna St Angelo
Formed
2011
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Allman & Associates Inc
Address
9600 Great Hills Trail Suite 150W, Austin, TX 78759
Preparer
Peter L Allman CPA
Phone
5125023077
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

Sammons center for the arts is the sole member.

Pt VI, Line 7A

At least 51% or more of the directors, trustees, and key employees of the corporation were appointed by sammons center for the arts, inc.

Pt VI, Line 11B

A draft of the 990 is reviewed by the finance committee. Once that process is complete, the treasurer presents the 990 to the board, answers any questions, and then the form 990 is approved by the board through a vote.

Pt VI, Line 12C

When they are elected, board members are required to sign an acknowledment that they have read the conflict of interest policy and agree to abide by it. Each year, the board reviews the policy, bylaws, and guidelines that govern the board and the center at a board meeting, and members are asked to disclose any potential conflicts. Based on this annual review, the center is able to monitor and enforce compliance with the policy. Should a conflict come to light, the executive committee reviews the circumstances and decides on a course of action that is recommended to the board.

Pt VI, Line 15A

The board of sammons center has a compensation committee that determines the salary for the executive director, who is shared with the endowment.

Pt VI, Line 19

All requests for the governing documents, conflict of interest policy, and financial statements are granted immediately either in person, by mail, by fax, or by electronic means by the executive director or the executive assistant. Additionally, the audits and bylaws (which include the conflict of interest policy) are available through donorbridge and are updated annually.

Pt XII, Line 2C

The finance committe is responsible for oversight of the audit and selection of an independant accountant. This process has not changed since the prior tax year.

Financial Statement Notes

Pt XII, Line 4B

The internal revenue service recognizes both the center and the corporation as non-profit organizations exempt from income tax, except on unrelated business income, under section 501(c)(3) of the internal revenue code and are classified as public charities and not as private foundations. Therefore, no provision has been made for taxes on income in these consolidated financial statements. Both organizations regularly assess uncertain tax positions in each tax jurisdiction in which they operate and account for the related financial statement implications. Neither organization has any uncertain tax positions at august 31, 2023. Both the center and the corporation are potentially subject to audit by taxing authorities for the previous three tax years which are considered open. There are currently no income tax audits in progress at the date of this report.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTERNAL REVENUE SERVICE RECOGNIZES BOTH THE CENTER AND THE CORPORATION AS NON-PROFIT ORGANIZATIONS EXEMPT FROM INCOME TAX, EXCEPT ON UNRELATED BUSINESS INCOME, UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND ARE CLASSIFIED AS PUBLIC CHARITIES AND NOT AS PRIVATE FOUNDATIONS. THEREFORE, NO PROVISION HAS BEEN MADE FOR TAXES ON INCOME IN THESE CONSOLIDATED FINANCIAL STATEMENTS. BOTH ORGANIZATIONS REGULARLY ASSESS UNCERTAIN TAX POSITIONS IN EACH TAX JURISDICTION IN WHICH THEY OPERATE AND ACCOUNT FOR THE RELATED FINANCIAL STATEMENT IMPLICATIONS. NEITHER ORGANIZATION HAS ANY UNCERTAIN TAX POSITIONS AT AUGUST 31, 2023. BOTH THE CENTER AND THE CORPORATION ARE POTENTIALLY SUBJECT TO AUDIT BY TAXING AUTHORITIES FOR THE PREVIOUS THREE TAX YEARS WHICH ARE CONSIDERED OPEN. THERE ARE CURRENTLY NO INCOME TAX AUDITS IN PROGRESS AT THE DATE OF THIS REPORT.
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IRS990ScheduleI/RecipientTable/IRCSectionDesc0501 C 3
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IRS990ScheduleI/RecipientTable/RecipientEIN0751785673
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IRS990ScheduleI/RecipientTable/USAddress/CityNm0DALLAS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAINTAINS RECORDS FOR ALL SUPPORT GIVEN.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SAMMONS CENTER FOR THE ARTS IS THE SOLE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT LEAST 51% OR MORE OF THE DIRECTORS, TRUSTEES, AND KEY EMPLOYEES OF THE CORPORATION WERE APPOINTED BY SAMMONS CENTER FOR THE ARTS, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT OF THE 990 IS REVIEWED BY THE FINANCE COMMITTEE. ONCE THAT PROCESS IS COMPLETE, THE TREASURER PRESENTS THE 990 TO THE BOARD, ANSWERS ANY QUESTIONS, AND THEN THE FORM 990 IS APPROVED BY THE BOARD THROUGH A VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WHEN THEY ARE ELECTED, BOARD MEMBERS ARE REQUIRED TO SIGN AN ACKNOWLEDMENT THAT THEY HAVE READ THE CONFLICT OF INTEREST POLICY AND AGREE TO ABIDE BY IT. EACH YEAR, THE BOARD REVIEWS THE POLICY, BYLAWS, AND GUIDELINES THAT GOVERN THE BOARD AND THE CENTER AT A BOARD MEETING, AND MEMBERS ARE ASKED TO DISCLOSE ANY POTENTIAL CONFLICTS. BASED ON THIS ANNUAL REVIEW, THE CENTER IS ABLE TO MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY. SHOULD A CONFLICT COME TO LIGHT, THE EXECUTIVE COMMITTEE REVIEWS THE CIRCUMSTANCES AND DECIDES ON A COURSE OF ACTION THAT IS RECOMMENDED TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF SAMMONS CENTER HAS A COMPENSATION COMMITTEE THAT DETERMINES THE SALARY FOR THE EXECUTIVE DIRECTOR, WHO IS SHARED WITH THE ENDOWMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL REQUESTS FOR THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE GRANTED IMMEDIATELY EITHER IN PERSON, BY MAIL, BY FAX, OR BY ELECTRONIC MEANS BY THE EXECUTIVE DIRECTOR OR THE EXECUTIVE ASSISTANT. ADDITIONALLY, THE AUDITS AND BYLAWS (WHICH INCLUDE THE CONFLICT OF INTEREST POLICY) ARE AVAILABLE THROUGH DONORBRIDGE AND ARE UPDATED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE FINANCE COMMITTE IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDANT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR TAX YEAR.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PERFORMING ARTS
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0LUCAS LACHANCE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02145207788

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