Civic Intelligence

Dallas Art Fair Foundation

EIN 46-1227056 • 501(c)3 • Dallas, TX

Profile

The foundation has been organized for the primary purpose to raise donations that will be used to promote appreciation of the arts in Dallas County, Texas. The Foundation will conduct an annual fund raising event to be called the Dallas Art Fair Gala (the Gala). Patrons of the arts community will be invited to make donations through the purchase of tickets to attend this educational event and celebration of the arts. All proceeds from the Gala will be distributed to charitable or educational beneficiaries in the arts community. The charitable and educational beneficiaries of the proceeds from the Gala will be selected each year by the directors of the Foundation based on merit and need.

PO Box 191408Dallas, TX 75219

n/A

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

64th percentile

6.7%

Faster asset growth than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

63rd percentile

9.3%

Faster revenue growth than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Up

$71,468

Up $36,675 (+105%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$71,468

Up $36,675 (+105%) from 2023

Revenue

Up

$276,877

Up $105,548 (+62%) from 2023

Expenses

Up

$240,202

Up $40,923 (+21%) from 2023

Net Income

Up

$36,675

Up $64,625 (+231%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2013: $4,639Liabilities 2013: $02013Assets 2014: $43,884Liabilities 2014: $0Net Assets 2014: $43,8842014Assets 2015: $18,970Liabilities 2015: $0Net Assets 2015: $18,9702015Assets 2016: $19,908Liabilities 2016: $0Net Assets 2016: $19,9082016Assets 2017: $72,140Liabilities 2017: $0Net Assets 2017: $72,1402017Assets 2018: $139,307Liabilities 2018: $0Net Assets 2018: $139,3072018Assets 2019: $69,580Liabilities 2019: $0Net Assets 2019: $69,5802019Assets 2020: $77,002Liabilities 2020: $0Net Assets 2020: $77,0022020Assets 2021: $72,351Liabilities 2021: $0Net Assets 2021: $72,3512021Assets 2022: $62,743Liabilities 2022: $0Net Assets 2022: $62,7432022Assets 2023: $34,793Liabilities 2023: $0Net Assets 2023: $34,7932023Assets 2024: $71,468Liabilities 2024: $0Net Assets 2024: $71,4682024

Highlighted filing

2024

Assets$71,468
Liabilities$0
Net Assets$71,468

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $138,875Expenses 2013: $134,736Net Income 2013: $4,1392013Revenue 2014: $253,681Expenses 2014: $214,436Net Income 2014: $39,2452014Revenue 2015: $237,701Expenses 2015: $262,615Net Income 2015: -$24,9142015Revenue 2016: $244,330Expenses 2016: $242,892Net Income 2016: $1,4382016Revenue 2017: $344,149Expenses 2017: $291,917Net Income 2017: $52,2322017Revenue 2018: $432,651Expenses 2018: $365,484Net Income 2018: $67,1672018Revenue 2019: $300,104Expenses 2019: $369,831Net Income 2019: -$69,7272019Revenue 2020: $114,207Expenses 2020: $106,785Net Income 2020: $7,4222020Revenue 2021: $42,163Expenses 2021: $46,814Net Income 2021: -$4,6512021Revenue 2022: $231,644Expenses 2022: $241,252Net Income 2022: -$9,6082022Revenue 2023: $171,329Expenses 2023: $199,279Net Income 2023: -$27,9502023Revenue 2024: $276,877Expenses 2024: $240,202Net Income 2024: $36,6752024

Highlighted filing

2024

Revenue$276,877
Expenses$240,202
Net Income$36,675

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 28, 2025
Return Version
2024v5.2
Gross Receipts
$278,905
Mission and Program Overview

Mission

The foundation has been organized for the primary purpose to raise donations that will be used to promote appreciation of the arts in Dallas County, Texas. The Foundation will conduct an annual fund raising event to be called the Dallas Art Fair Gala (the Gala). Patrons of the arts community will be invited to make donations through the purchase of tickets to attend this educational event and celebration of the arts. All proceeds from the Gala will be distributed to charitable or educational beneficiaries in the arts community. The charitable and educational beneficiaries of the proceeds from the Gala will be selected each year by the directors of the Foundation based on merit and need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$34,766$71,468▲ $36,702
Other Notes and Loans Receivable, Net$27$0▼ $27
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$34,793$71,468▲ $36,675
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$34,793$71,468▲ $36,675
Total Net Assets Fund Balance$34,793$71,468▲ $36,675
Total Liabilities and Net Assets / Fund Balance$34,793$71,468▲ $36,675

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$7,778$7,778
Compensation and Service Providers

Board Members and Trustees

NameTitle
David LiuChairman/Director
Chris StewartDirector
Christina JafarDirector
Cliff RismanDirector
Marlene Fogarty SugrueDirector
Rod SagerDirector
Jennifer KlosSecretary
Mita SternTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$77,212
Program Service Revenue
$190,066
Investment Income
$0
Other Revenue
$9,599
All Other Contributions
$77,212
Change in Net Assets
$36,675
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$130,000
Other Expenses$110,202
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$130,000--$130,000
All Other Expenses$11,159--$11,159
Other Expenses$4,690--$4,690
Fees for Services Accounting$2,500--$2,500
Total Functional Expenses$240,202$0$0$240,202
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Dallas Museum of ArtDallas, TX--$40,000
Nasher Sculpture CenterDallas, TX--$40,000
The Dallas ContemporaryDallas, TX--$40,000
Booker T Washington High SchDallas, TX--$10,000
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Members of the governing board review the return prior to filing

Form 990, Part VI, Section C, Line 18

Form 990 public inspection copy is available in the office of the foundation, and is available upon request.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Dallas Art Fair Foundation
EIN
46-1227056
Phone
2148717930
Address
PO Box 191408, Dallas, TX 75219

Signing Officer

Name
Officer
Title
Officer
Signed
2025-07-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Liu
Formed
2012
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
0
Employees
0

Preparer

Firm
Toombs Hall & Foster LLP
Address
14643 Dallas Pkwy Suite 650, Dallas, TX 75254
Preparer
Randy Foster
Phone
2143695695
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0276877
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0276877
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0171329
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0231644
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt042163
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0114207
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0836220
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0836220
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0276877
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0171329
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0231644
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt042163
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0114207
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0836220
IRS990ScheduleA/TotalSupportAmt0836220
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/EquipmentGrp/DepreciationAmt07778
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07778
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/CashGrantAmt140000
IRS990ScheduleI/RecipientTable/CashGrantAmt240000
IRS990ScheduleI/RecipientTable/CashGrantAmt340000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BOOKER T WASHINGTON HIGH SCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1DALLAS MUSEUM OF ART
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2NASHER SCULPTURE CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3THE DALLAS CONTEMPORARY
IRS990ScheduleI/RecipientTable/RecipientEIN0743068174
IRS990ScheduleI/RecipientTable/RecipientEIN1750808774
IRS990ScheduleI/RecipientTable/RecipientEIN2020601628
IRS990ScheduleI/RecipientTable/RecipientEIN3751575687
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 192648
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11717 N HARWOOD STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt22001 FLORA STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3161 GLASS STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0DALLAS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1DALLAS
IRS990ScheduleI/RecipientTable/USAddress/CityNm2DALLAS
IRS990ScheduleI/RecipientTable/USAddress/CityNm3DALLAS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd075219
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd175201
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd275201
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd375207
IRS990ScheduleI/Total501c3OrgCnt04
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0Dallas Art Fair
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Reimb exp
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt014506
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0related prt
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS OF THE GOVERNING BOARD REVIEW THE RETURN PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 PUBLIC INSPECTION COPY IS AVAILABLE IN THE OFFICE OF THE FOUNDATION, AND IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt034793
IRS990/TotalAssetsEOYAmt071468
IRS990/TotalAssetsGrp/BOYAmt034793
IRS990/TotalAssetsGrp/EOYAmt071468
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt077212
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0240202
IRS990/TotalFunctionalExpensesGrp/TotalAmt0240202
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt034793
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt071468
IRS990/TotalProgramServiceExpensesAmt0240202
IRS990/TotalProgramServiceRevenueAmt0190066
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0199665
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0276877
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt034793
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt071468
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0PO Box 191408

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