Civic Intelligence

The Charles Adams Studio Project

990 • Fiscal year 2023 • EIN 27-1238391

Oct 01, 2022 to Sep 30, 2023 • Filed on Apr 22, 2024

Organization ProfileWWW.CASP-ARTS.ORG
602 Ave JLubbock, TX 79401

(806) 762-8606

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

17th percentile

0.00x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

10th percentile

-35%

Higher net margin than 10% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

21st percentile

-4.8%

Faster asset growth than 21% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

41st percentile

2.1%

Faster revenue growth than 41% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets17th percentile

Assets

Down

$2,841,172

Down $89,009 (-3.0%) from 2020

Net Assets

Down

$2,841,172

Down $89,009 (-3.0%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin10th percentile

Revenue

Up

$407,693

Up $183,665 (+82%) from 2020

Expenses

Up

$551,307

Up $224,033 (+68%) from 2020

Net Income

Down

-$143,614

Down $40,368 (-39%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2016: $2,874,345Liabilities 2016: $0Net Assets 2016: $2,874,3452016Assets 2017: $2,736,169Liabilities 2017: $0Net Assets 2017: $2,736,1692017Assets 2019: $3,033,427Liabilities 2019: $0Net Assets 2019: $3,033,4272019Assets 2020: $2,930,181Liabilities 2020: $0Net Assets 2020: $2,930,1812020Assets 2023: $2,841,172Liabilities 2023: $0Net Assets 2023: $2,841,1722023

Highlighted filing

2023

Assets$2,841,172
Liabilities$0
Net Assets$2,841,172
Open 2023 Filing

Operations Trend

Revenue Growth41st percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2016: $499,858Expenses 2016: $290,370Net Income 2016: $209,4882016Revenue 2017: $146,813Expenses 2017: $284,989Net Income 2017: -$138,1762017Revenue 2019: $603,762Expenses 2019: $342,681Net Income 2019: $261,0812019Revenue 2020: $224,028Expenses 2020: $327,274Net Income 2020: -$103,2462020Revenue 2023: $407,693Expenses 2023: $551,307Net Income 2023: -$143,6142023

Highlighted filing

2023

Revenue$407,693
Expenses$551,307
Net Income-$143,614
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Apr 22, 2024
Return Version
2022v5.0
Gross Receipts
$407,693
Mission and Program Overview

Mission

The charles adams studio project will serve as a cornerstone in the lubbock arts district by developing and sustaining a viable working artists' community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,006,113$1,828,202▼ $177,911
Cash and Non-Interest-Bearing Accounts$914,578$988,875▲ $74,297
Accounts Receivable$60,000$20,000▼ $40,000
Prepaid Expenses and Deferred Charges$4,095$4,095→ $0
Total Assets$2,984,786$2,841,172▼ $143,614
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,984,786$2,841,172▼ $143,614
Total Net Assets Fund Balance$2,984,786$2,841,172▼ $143,614
Total Liabilities and Net Assets / Fund Balance$2,984,786$2,841,172▼ $143,614

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,773,324$1,672,795$3,446,119
Equipment$54,878$31,005$85,883
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Chris TireyPresident
Brian EtchisonDirector
Brianna BrownDirector
Claire LeavellDirector
David HenryDirector
Ebtesam IslamDirector
Jason MedinaDirector
Kelly MarbleDirector
Marlowe Malouf LawsonDirector
Shannon IsomDirector
Ted LiggettDirector
Charles AdamsCEO & Founde
Joe ArredondoSecretary
Dan OdomTreasurer
Elizabeth BurrowsVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$305,042
Program Service Revenue
$827
Investment Income
$18,837
Other Revenue
$82,987
All Other Contributions
$305,042
Change in Net Assets
$-143,614
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$551,307
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$177,911--$177,911
Fees for Services Other$60,090$15,022-$75,112
All Other Expenses$42,621$567-$43,188
Insurance-$21,468-$21,468
Other Expenses$12,263$4,088-$16,351
Fees for Services Accounting-$4,775-$4,775
Total Functional Expenses$505,387$45,920$0$551,307
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990 is presented to board after it is filed with the internal revenue service.”

Form 990, Page 6, Part VI, Line 12C

“Compliance with the conflict of interest policy is monitored on an ongoing basis through dialogue and discussion with board members.”

Form 990, Page 6, Part VI, Line 15A

“Compensation for top ceo, executive director, and/or top management official is reviewed and approved by independent persons using comparable data.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, policies and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
The Charles Adams Studio Project
EIN
27-1238391
Phone
8067628606
Address
602 AVE J, LUBBOCK, TX 79401

Signing Officer

Name
Chris Tirey
Title
President
Phone
8067628606
Signed
2024-04-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Tirey
Formed
2010
Legal Domicile
TX
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
100

Preparer

Firm
Rbms Llp
Address
9816 SLIDE RD STE 301, LUBBOCK, TX 79424-7672
Preparer
Rick Martin
Phone
8067443333
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“60,090 15,022 0”

Raw XML AppendixShowing 400 of 446 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsReceivableGrp/BOYAmt060000
IRS990/AccountsReceivableGrp/EOYAmt020000
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE CHARLES ADAMS STUDIO PROJECT WILL SERVE AS A CORNERSTONE IN THE LUBBOCK ARTS DISTRICT BY DEVELOPING AND SUSTAINING A VIABLE WORKING ARTISTS' COMMUNITY.
IRS990/AllOtherContributionsAmt0305042
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0567
IRS990/AllOtherExpensesGrp/ProgramServicesAmt042621
IRS990/AllOtherExpensesGrp/TotalAmt043188
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BooksInCareOfDetail/PersonNm0CHAD PLUNKET
IRS990/BooksInCareOfDetail/PhoneNum08069284529
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01105 MAC DAVIS LANE
IRS990/BooksInCareOfDetail/USAddress/CityNm0LUBBOCK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd079401
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0914578
IRS990/CashNonInterestBearingGrp/EOYAmt0988875
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0305042
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt018837
IRS990/CYOtherExpensesAmt0551307
IRS990/CYOtherRevenueAmt082987
IRS990/CYProgramServiceRevenueAmt0827
IRS990/CYRevenuesLessExpensesAmt0-143614
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0551307
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0407693
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0177911
IRS990/DepreciationDepletionGrp/TotalAmt0177911
IRS990/Desc0THE DEVELOPMENT AND OPERATION OF PROPERTIES WITHIN THE LUBBOCK ARTS DISTRICT PURPOSED TO FACILITATE ARTIST RESIDENT STUDIOS, GALLERIES, AND RELATED SUPPORT FACILITIES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0505387
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04775
IRS990/FeesForServicesAccountingGrp/TotalAmt04775
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt015022
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt060090
IRS990/FeesForServicesOtherGrp/TotalAmt075112
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0CHARLES ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm1JOE ARREDONDO
IRS990/Form990PartVIISectionAGrp/PersonNm2BRIANNA BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm3ELIZABETH BURROWS
IRS990/Form990PartVIISectionAGrp/PersonNm4BRIAN ETCHISON
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID HENRY
IRS990/Form990PartVIISectionAGrp/PersonNm6EBTESAM ISLAM
IRS990/Form990PartVIISectionAGrp/PersonNm7SHANNON ISOM
IRS990/Form990PartVIISectionAGrp/PersonNm8MARLOWE MALOUF LAWSON
IRS990/Form990PartVIISectionAGrp/PersonNm9CLAIRE LEAVELL
IRS990/Form990PartVIISectionAGrp/PersonNm10TED LIGGETT
IRS990/Form990PartVIISectionAGrp/PersonNm11KELLY MARBLE
IRS990/Form990PartVIISectionAGrp/PersonNm12JASON MEDINA
IRS990/Form990PartVIISectionAGrp/PersonNm13DAN ODOM
IRS990/Form990PartVIISectionAGrp/PersonNm14CHRIS TIREY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO & FOUNDE
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0407693
IRS990/GrossRentsGrp/RealAmt082987
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt015
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt021468
IRS990/InsuranceGrp/TotalAmt021468
IRS990/InvestmentIncomeGrp/ExclusionAmt018837
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt018837
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt024
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01703800
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02006113
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01828202
IRS990/LandBldgEquipCostOrOtherBssAmt03532002
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE CHARLES ADAMS STUDIO PROJECT WILL SERVE AS A CORNERSTONE IN THE LUBBOCK ARTS DISTRICT BY DEVELOPING AND SUSTAINING A VIABLE WORKING ARTISTS' COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02984786
IRS990/NetAssetsOrFundBalancesEOYAmt02841172
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt082987
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt082987
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02984786
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02841172
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0LANDSCAPING EXPENSE
IRS990/OtherExpensesGrp/Desc1CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04088
IRS990/OtherExpensesGrp/ProgramServicesAmt0117450
IRS990/OtherExpensesGrp/ProgramServicesAmt159934
IRS990/OtherExpensesGrp/ProgramServicesAmt235118
IRS990/OtherExpensesGrp/ProgramServicesAmt312263
IRS990/OtherExpensesGrp/TotalAmt0117450
IRS990/OtherExpensesGrp/TotalAmt159934
IRS990/OtherExpensesGrp/TotalAmt235118
IRS990/OtherExpensesGrp/TotalAmt316351
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04095
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04095
IRS990/PrincipalOfficerNm0CHRIS TIREY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711130
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0827
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0827
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0323134
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02707
IRS990/PYOtherExpensesAmt0353619
IRS990/PYOtherRevenueAmt065109
IRS990/PYProgramServiceRevenueAmt08538
IRS990/PYRevenuesLessExpensesAmt045869
IRS990/PYTotalExpensesAmt0353619
IRS990/PYTotalRevenueAmt0399488
IRS990/ReconcilationRevenueExpnssAmt0-143614
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt082987
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0433,518
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0305042
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0323134
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0278122
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0129200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0495376
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01530874
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt018837
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02707
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0420
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01363
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03282
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt026609
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt013003
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt083813
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt073648
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt077488
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt093465
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0105104
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0433518
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.76890
IRS990ScheduleA/PublicSupportPY170Pct00.77080
IRS990ScheduleA/PublicSupportTotal170Amt01530874
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0305042
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0323134
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0278122
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0129200
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0495376
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01530874
IRS990ScheduleA/TotalSupportAmt01991001
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01773324
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01672795
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03446119
IRS990ScheduleD/EquipmentGrp/BookValueAmt054878
IRS990ScheduleD/EquipmentGrp/DepreciationAmt031005
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt085883
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01828202
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PRESENTED TO BOARD AFTER IT IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS MONITORED ON AN ONGOING BASIS THROUGH DIALOGUE AND DISCUSSION WITH BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION FOR TOP CEO, EXECUTIVE DIRECTOR, AND/OR TOP MANAGEMENT OFFICIAL IS REVIEWED AND APPROVED BY INDEPENDENT PERSONS USING COMPARABLE DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt460,090 15,022 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE LOUISE HOPKINS UNDERWOOD CENTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0752732616
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ARTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt010
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0511 AVENUE K
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LUBBOCK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd079401
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02984786
IRS990/TotalAssetsEOYAmt02841172
IRS990/TotalAssetsGrp/BOYAmt02984786
IRS990/TotalAssetsGrp/EOYAmt02841172
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0305042
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt045920
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0505387
IRS990/TotalFunctionalExpensesGrp/TotalAmt0551307
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02984786
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02841172
IRS990/TotalProgramServiceExpensesAmt0505387
IRS990/TotalProgramServiceRevenueAmt0827
IRS990/TotalRevenueGrp/ExclusionAmt0101824
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0827

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,841,172
Liabilities
$0
Net assets
$2,841,172
Revenue
$407,693
Expenses
$551,307
Net income
-$143,614
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$2.84$0.00$2.84$0.41$0.55$0.14
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.93$0.00$2.93$0.22$0.33$0.10
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.03$0.00$3.03$0.60$0.34$0.26
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.74$0.00$2.74$0.15$0.28$0.14
2016Detailed filing. Detailed filing data is available for this year.$2.87$0.00$2.87$0.50$0.29$0.21