Civic Intelligence

Edison Arts Foundation Inc.

990 • Fiscal year 2022 • EIN 46-3452623

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

Organization ProfileWWW.EDISONARTSFOUNDATION.ORG
1959 Texas ParkwayMissouri City, TX 77489

(713) 459-4929

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.55x

Higher debt load relative to assets than 82% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

87th percentile

1.42x

Higher debt load relative to revenue than 87% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

96th percentile

82%

Higher net margin than 96% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

89th percentile

47%

Faster asset growth than 89% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

96th percentile

186%

Faster revenue growth than 96% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Up

$9,735,968

Up $3,093,678 (+47%) from 2021

Net Assets

Up

$4,410,202

Up $3,093,678 (+235%) from 2021

Liabilities

Flat

$5,325,766

Flat from 2021

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin96th percentile

Revenue

Up

$3,760,797

Up $2,444,451 (+186%) from 2021

Expenses

Up

$667,051

Up $223,911 (+51%) from 2021

Net Income

Up

$3,093,746

Up $2,220,540 (+254%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

$15M$10M$5.0M$0Assets 2016: $4,558Liabilities 2016: $0Net Assets 2016: $4,5582016Assets 2017: $5,058Liabilities 2017: $5,058Net Assets 2017: $02017Assets 2018: $1,560Liabilities 2018: $02018Assets 2019: $208,122Liabilities 2019: $0Net Assets 2019: $208,1222019Assets 2020: $5,767,728Liabilities 2020: $5,324,005Net Assets 2020: $443,7232020Assets 2021: $6,642,290Liabilities 2021: $5,325,766Net Assets 2021: $1,316,5242021Assets 2022: $9,735,968Liabilities 2022: $5,325,766Net Assets 2022: $4,410,2022022Assets 2023: $10,478,943Liabilities 2023: $5,742,023Net Assets 2023: $4,736,9202023Assets 2024: $14,137,300Liabilities 2024: $8,528,112Net Assets 2024: $5,609,1882024

Highlighted filing

2022

Assets$9,735,968
Liabilities$5,325,766
Net Assets$4,410,202
Open 2022 Filing

Operations Trend

Revenue Growth96th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $126,460Expenses 2016: $137,001Net Income 2016: -$10,5412016Revenue 2017: $132,229Expenses 2017: $147,213Net Income 2017: -$14,9842017Revenue 2018: $48,099Expenses 2018: $46,539Net Income 2018: $1,5602018Revenue 2019: $273,556Expenses 2019: $66,994Net Income 2019: $206,5622019Revenue 2020: $80,823Expenses 2020: $45,222Net Income 2020: $35,6012020Revenue 2021: $1,316,346Expenses 2021: $443,140Net Income 2021: $873,2062021Revenue 2022: $3,760,797Expenses 2022: $667,051Net Income 2022: $3,093,7462022Revenue 2023: $960,736Expenses 2023: $633,945Net Income 2023: $326,7912023Revenue 2024: $1,622,491Expenses 2024: $750,223Net Income 2024: $872,2682024

Highlighted filing

2022

Revenue$3,760,797
Expenses$667,051
Net Income$3,093,746
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$3,760,797
Mission and Program Overview

Mission

The edison arts foundation is a non-profit fine-arts organization established for the educational

The edison arts foundation is a 501(c)(3) non-profit fine arts organization, established for the educational and charitable purpose of producing and developing cultural and performing arts programs for children, adults, and families throughout the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,073,512$3,412,503▲ $338,991
Other Notes and Loans Receivable, Net$3,203,821$3,327,860▲ $124,039
Cash and Non-Interest-Bearing Accounts$365,363$2,996,079▲ $2,630,716
Loans From Officers Directors$325,766$325,766→ $0
Total Assets$6,642,290$9,735,968▲ $3,093,678
Other Assets Total$-406$-474▼ $68
Liabilities
Grants Payable$5,000,000$5,000,000→ $0
Total Liabilities$5,325,766$5,325,766→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,061,500$3,632,465▲ $2,570,965
Net Assets Without Donor Restrictions$255,024$777,737▲ $522,713
Total Net Assets Fund Balance$1,316,524$4,410,202▲ $3,093,678
Total Liabilities and Net Assets / Fund Balance$6,642,290$9,735,968▲ $3,093,678

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,737,659-$1,737,659
Buildings$1,674,844-$1,674,844
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Robertha CarterOfficer
Angel PattonSecretary
Lillian AnthonyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Harriet C LatimerProfessional Fe9 BASH PLACE, Houston, TX 77027$150,000
Revenue and Support

Revenue Composition

Contributions and Grants
$3,726,926
Program Service Revenue
$33,871
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,726,926
Change in Net Assets
$3,093,746
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$662,063
Grants and Similar Amounts Paid$4,988
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$263,412$15,000-$278,412
All Other Expenses$92,048--$92,048
Occupancy$78,168--$78,168
Other Expenses$22,874--$22,874
Fees for Services Accounting$10,396$10,397-$20,793
Advertising$11,238--$11,238
Office Expenses$6,196--$6,196
Insurance$5,350--$5,350
Grants to Domestic Orgs$4,988--$4,988
Information Technology$3,266--$3,266
Travel$1,185--$1,185
Total Functional Expenses$641,654$25,397$0$667,051
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
Loans from Officers, Directors, Trustees, and Key Employees$325,766$325,766→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
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

“990 review by the governing board a copy of the 990 wiil be presented to the board members for review prior to filing. The members will respond affirming their agreement or raising any questions or concerns with the proposed filing. If concerns are raised, they will be addressed at the next board meeting where all appropriate changes will be agreed upon. All agreed changes shall be made and presented to the board members for final review prior to filing.”

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

“Conflict of interest compliance board members and key members are required to review the conflict of interest policy annually. The conflict of interest policy requires any known or potential conflicts of interest to be disclosed to the board.”

Form 990, Page 6, Part VI, Line 19

“Disclosure governing documents, conflict of interest policy, and financial statements are available upon request during normal business hours.”

Filing and Contact Details

Filer

Filer Name
Edison Arts Foundation Inc
EIN
46-3452623
Phone
7134594929
Address
1959 TEXAS PARKWAY, MISSOURI CITY, TX 77489

Signing Officer

Name
Robertha Carter
Title
Officer
Phone
0713459492
Signed
2023-11-15

Organization Details

Principal Officer
Robertha Carter
Formed
2013
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
25

Preparer

Firm
Cys Business Solutions LLC
Address
PO BOX 17897, SUGAR LAND, TX 77496
Preparer
Samuel Sze
Phone
7138181938
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The edison arts foundation is a 501(c)(3) non-profit fine arts organization, established for the educational and charitable purpose of producing and developing cultural and performing arts programs for children, adults, and families throughout the community.”

Form 990, Part IX, Line 11G

“Contract labor 108,070 0 0 professional fees 155,342 15,000 0 total 263,412 15,000 0”

Form 990, Part IX, Line 24E

“Meals 19,226 0 0 security 15,630 0 0 automobile expense 14,405 0 0 status 10,000 0 0 repairs and maintenance 8,140 0 0 utilities 4,912 0 0 due and subscriptions 4,683 0 0 lawn care 3,600 0 0 medical expenses 2,982 0 0 equipment rental 2,659 0 0 telephone 2,030 0 0 janitorial expense 1,370 0 0 continuing education 1,192 0 0 uniform 1,145 0 0 bank service charges 74 0 0 total 92,048 0 0”

Raw XML Appendix394 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/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE EDISON ARTS FOUNDATION IS A 501(C)(3) NON-PROFIT FINE ARTS ORGANIZATION, ESTABLISHED FOR THE EDUCATIONAL AND CHARITABLE PURPOSE OF PRODUCING AND DEVELOPING CULTURAL AND PERFORMING ARTS PROGRAMS FOR CHILDREN, ADULTS, AND FAMILIES THROUGHOUT THE COMMUNITY.
IRS990/AdvertisingGrp/ProgramServicesAmt011238
IRS990/AdvertisingGrp/TotalAmt011238
IRS990/AllOtherContributionsAmt03726926
IRS990/AllOtherExpensesGrp/ProgramServicesAmt092048
IRS990/AllOtherExpensesGrp/TotalAmt092048
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ROBERTHA CARTER
IRS990/BooksInCareOfDetail/PhoneNum07134594929
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01959 TEXAS PARKWAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0MISSOURI CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077489
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0365363
IRS990/CashNonInterestBearingGrp/EOYAmt02996079
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0150000
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt09 BASH PLACE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0HOUSTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd077027
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0HARRIET C LATIMER
IRS990/ContractorCompensationGrp/ServicesDesc0PROFESSIONAL FE
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03726926
IRS990/CYGrantsAndSimilarPaidAmt04988
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0662063
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt033871
IRS990/CYRevenuesLessExpensesAmt03093746
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0667051
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03760797
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE EDISON ARTS FOUNDATION IS A 501(C)(3) NON-PROFIT FINE ARTS ORGANIZATION, ESTABLISHED FOR THE EDUCATIONAL AND CHARITABLE PURPOSE OF PRODUCING AND DEVELOPING CULTURAL AND PERFORMING ARTS PROGRAMS FOR CHILDREN, ADULTS, AND FAMILIES THROUGHOUT THE COMMUNITY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01061500
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt03632465
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExcsTaxSect4951Or4952Or4953Ind0false
IRS990/ExpenseAmt0641654
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010397
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt010396
IRS990/FeesForServicesAccountingGrp/TotalAmt020793
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt015000
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0263412
IRS990/FeesForServicesOtherGrp/TotalAmt0278412
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0LILLIAN ANTHONY
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERTHA CARTER
IRS990/Form990PartVIISectionAGrp/PersonNm2ANGEL PATTON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt04988
IRS990/GrantsPayableGrp/BOYAmt05000000
IRS990/GrantsPayableGrp/EOYAmt05000000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt04988
IRS990/GrantsToDomesticOrgsGrp/TotalAmt04988
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03760797
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt03266
IRS990/InformationTechnologyGrp/TotalAmt03266
IRS990/InsuranceGrp/ProgramServicesAmt05350
IRS990/InsuranceGrp/TotalAmt05350
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03073512
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03412503
IRS990/LandBldgEquipCostOrOtherBssAmt03412503
IRS990/LegalDomicileStateCd0TX
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0325766
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0325766
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE EDISON ARTS FOUNDATION IS A 501(C)(3) NON-PROFIT FINE ARTS ORGANIZATION, ESTABLISHED FOR THE EDUCATIONAL AND CHARITABLE PURPOSE OF PRODUCING AND DEVELOPING CULTURAL AND PERFORMING ARTS PROGRAMS FOR CHILDREN, ADULTS, AND FAMILIES THROUGHOUT THE COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01316524
IRS990/NetAssetsOrFundBalancesEOYAmt04410202
IRS990/NetUnrlzdGainsLossesInvstAmt0-68
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0255024
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0777737
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt078168
IRS990/OccupancyGrp/TotalAmt078168
IRS990/OfficeExpensesGrp/ProgramServicesAmt06196
IRS990/OfficeExpensesGrp/TotalAmt06196
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0-406
IRS990/OtherAssetsTotalGrp/EOYAmt0-474
IRS990/OtherExpensesGrp/Desc0LICENSES & PERMITS
IRS990/OtherExpensesGrp/Desc1PROGRAM SERVICE EXPENSES
IRS990/OtherExpensesGrp/Desc2SCHOOL CONTRACT SERVICE
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt054704
IRS990/OtherExpensesGrp/ProgramServicesAmt144691
IRS990/OtherExpensesGrp/ProgramServicesAmt243138
IRS990/OtherExpensesGrp/ProgramServicesAmt322874
IRS990/OtherExpensesGrp/TotalAmt054704
IRS990/OtherExpensesGrp/TotalAmt144691
IRS990/OtherExpensesGrp/TotalAmt243138
IRS990/OtherExpensesGrp/TotalAmt322874
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03203821
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03327860
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ROBERTHA CARTER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711190
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt033871
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt033871
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01284827
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0381
IRS990/PYOtherExpensesAmt0442759
IRS990/PYProgramServiceRevenueAmt031519
IRS990/PYRevenuesLessExpensesAmt0873206
IRS990/PYTotalExpensesAmt0443140
IRS990/PYTotalRevenueAmt01316346
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt03093746
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt033871
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt03726926
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01284827
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt066640
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt031170
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt048099
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05157662
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt033871
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt031519
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt014183
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03200
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt082773
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt05240435
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03760797
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01316346
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt080823
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt034370
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt048099
IRS990ScheduleA/Total509Grp/TotalAmt05240435
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03760797
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01316346
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt080823
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt034370
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt048099
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05240435
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/BookValueAmt01674844
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01674844
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01737659
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01737659
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03412503
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0325766
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0TO HELP ORGANIZATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0324005
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0BROKER GRASS DFW
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt0325766
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EDISON ARTS FOUNDATION IS A 501(C)(3) NON-PROFIT FINE ARTS ORGANIZATION, ESTABLISHED FOR THE EDUCATIONAL AND CHARITABLE PURPOSE OF PRODUCING AND DEVELOPING CULTURAL AND PERFORMING ARTS PROGRAMS FOR CHILDREN, ADULTS, AND FAMILIES THROUGHOUT THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 REVIEW BY THE GOVERNING BOARD A COPY OF THE 990 WIIL BE PRESENTED TO THE BOARD MEMBERS FOR REVIEW PRIOR TO FILING. THE MEMBERS WILL RESPOND AFFIRMING THEIR AGREEMENT OR RAISING ANY QUESTIONS OR CONCERNS WITH THE PROPOSED FILING. IF CONCERNS ARE RAISED, THEY WILL BE ADDRESSED AT THE NEXT BOARD MEETING WHERE ALL APPROPRIATE CHANGES WILL BE AGREED UPON. ALL AGREED CHANGES SHALL BE MADE AND PRESENTED TO THE BOARD MEMBERS FOR FINAL REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST COMPLIANCE BOARD MEMBERS AND KEY MEMBERS ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY. THE CONFLICT OF INTEREST POLICY REQUIRES ANY KNOWN OR POTENTIAL CONFLICTS OF INTEREST TO BE DISCLOSED TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DISCLOSURE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACT LABOR 108,070 0 0 PROFESSIONAL FEES 155,342 15,000 0 TOTAL 263,412 15,000 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MEALS 19,226 0 0 SECURITY 15,630 0 0 AUTOMOBILE EXPENSE 14,405 0 0 STATUS 10,000 0 0 REPAIRS AND MAINTENANCE 8,140 0 0 UTILITIES 4,912 0 0 DUE AND SUBSCRIPTIONS 4,683 0 0 LAWN CARE 3,600 0 0 MEDICAL EXPENSES 2,982 0 0 EQUIPMENT RENTAL 2,659 0 0 TELEPHONE 2,030 0 0 JANITORIAL EXPENSE 1,370 0 0 CONTINUING EDUCATION 1,192 0 0 UNIFORM 1,145 0 0 BANK SERVICE CHARGES 74 0 0 TOTAL 92,048 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0EAF EDISON GP LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0843805832
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt06300 WEST LOOP SOUTH 670
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BELLAIRE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd077401
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/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06642290
IRS990/TotalAssetsEOYAmt09735968
IRS990/TotalAssetsGrp/BOYAmt06642290
IRS990/TotalAssetsGrp/EOYAmt09735968
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03726926
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025397
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0641654
IRS990/TotalFunctionalExpensesGrp/TotalAmt0667051
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05325766
IRS990/TotalLiabilitiesEOYAmt05325766
IRS990/TotalLiabilitiesGrp/BOYAmt05325766
IRS990/TotalLiabilitiesGrp/EOYAmt05325766
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01316524
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04410202
IRS990/TotalProgramServiceExpensesAmt0641654
IRS990/TotalProgramServiceRevenueAmt033871
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt033871
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03760797
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06642290
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09735968
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt01185
IRS990/TravelGrp/TotalAmt01185
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01959 TEXAS PARKWAY
IRS990/USAddress/CityNm0MISSOURI CITY
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077489
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.EDISONARTSFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERTHA CARTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum00713459492
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EDISON ARTS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0EDIS
ReturnHeader/Filer/EIN0463452623
ReturnHeader/Filer/PhoneNum07134594929
ReturnHeader/Filer/USAddress/AddressLine1Txt01959 TEXAS PARKWAY
ReturnHeader/Filer/USAddress/CityNm0MISSOURI CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077489
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200186599
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CYS BUSINESS SOLUTIONS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 17897
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SUGAR LAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077496
ReturnHeader/PreparerPersonGrp/PhoneNum07138181938
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SAMUEL SZE
ReturnHeader/ReturnTs02023-11-14T11:21:51-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROBERTHA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CARTER
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,735,968
Liabilities
$5,325,766
Net assets
$4,410,202
Revenue
$3,760,797
Expenses
$667,051
Net income
$3,093,746
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.1$8.53$5.61$1.62$0.75$0.87
2023Summary only. Only limited summary data is available for this year.$10.5$5.74$4.74$0.96$0.63$0.33
2022Detailed filing. Detailed filing data is available for this year.$9.74$5.33$4.41$3.76$0.67$3.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.64$5.33$1.32$1.32$0.44$0.87
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.77$5.32$0.44$0.08$0.05$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.00$0.21$0.27$0.07$0.21
2018Summary only. Only limited summary data is available for this year.$0.00$0.00$0.05$0.05$0.00
2017Summary only. Only limited summary data is available for this year.$0.01$0.01$0.00$0.13$0.15$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.13$0.14$0.01