Liabilities / Assets
53rd percentile
Higher debt load relative to assets than 53% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
53rd percentile
Higher debt load relative to assets than 53% of similar nonprofits.
Liabilities / Revenue
42nd percentile
Higher debt load relative to revenue than 42% of similar nonprofits.
Net Margin
76th percentile
Higher net margin than 76% of similar nonprofits.
Top Officer Pay
87th percentile
Higher top officer pay than 87% of similar nonprofits.
Top officer pay equals 11.2% of source-year revenue.
Asset Growth
92nd percentile
Faster asset growth than 92% of similar nonprofits.
Revenue Growth
80th percentile
Faster revenue growth than 80% of similar nonprofits.
Assets
Up$343,782
Up $137,309 (+67%) from 2013
Net Assets
Up$323,718
Up $158,343 (+96%) from 2013
Liabilities
Down$20,064
Down $21,034 (-51%) from 2013
Revenue
Up$859,732
Up $211,511 (+33%) from 2013
Expenses
Down$701,389
Down $48,512 (-6.5%) from 2013
Net Income
Up$158,343
Up $260,023 (+256%) from 2013
Diverseworks commissions, produces, and presents new and daring art in all its forms through innovative collaborations that honor each artist's vision without constraint.
See schedule odiverseworks is a non-profit art center dedicated to presenting new visual, performing, and literary art. Diverseworks is a place where the process of creating art is valued and where artists can test new ideas in the public arena. By encouraging the investigation of current artistic, cultural and social issues, diverseworks builds, educates, and sustains audiences for contemporary art.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Pledges and Grants Receivable | $126,879 | $263,905 | ▲ $137,026 |
| Cash and Non-Interest-Bearing Accounts | $75,130 | $75,947 | ▲ $817 |
| Prepaid Expenses and Deferred Charges | $4,464 | $3,930 | ▼ $534 |
| Total Assets | $206,473 | $343,782 | ▲ $137,309 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $25,277 | $14,769 | ▼ $10,508 |
| Deferred Revenue | $15,821 | $5,295 | ▼ $10,526 |
| Total Liabilities | $41,098 | $20,064 | ▼ $21,034 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $245,358 | $262,000 | ▲ $16,642 |
| Unrestricted Net Assets | $-79,983 | $61,718 | ▲ $141,701 |
| Total Net Assets Fund Balance | $165,375 | $323,718 | ▲ $158,343 |
| Total Liabilities and Net Assets / Fund Balance | $206,473 | $343,782 | ▲ $137,309 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Elizabeth Dunbar | Executive Director | FT | $96,000 | $96,000 |
| Name | Title |
|---|---|
| Kellye Sanford | Artist Board President |
| Jason Fuller | President |
| Adam Brackman | Vice President |
| Aimee Heimbinder | Board Member |
| Gemma De Santos | Board Member |
| Lester Marks | Board Member |
| Patrick Wade | Board Member |
| Rahul Mitra | Board Member |
| Richard E Gervais | Board Member |
| Teresa J Waldrop | Secretary |
| Rob Greenstein | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $401,868 |
| Salaries, Compensation, and Employee Benefits | $299,521 |
| Total Fundraising Expense | $100,100 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $168,332 | $25,591 | $52,898 | $246,821 |
| Occupancy | $47,938 | $9,321 | $9,321 | $66,580 |
| Office Expenses | $21,198 | $5,006 | $17,477 | $43,681 |
| Other Employee Benefits | $19,472 | $2,950 | $6,129 | $28,551 |
| Payroll Taxes | $16,470 | $2,493 | $5,186 | $24,149 |
| Advertising | $15,214 | $2,176 | $3,735 | $21,125 |
| Fees for Services Accounting | $15,175 | $2,950 | $2,951 | $21,076 |
| Other Expenses | $232,215 | $1,573 | $2,274 | $1,573 |
| All Other Expenses | - | - | $104 | $104 |
| Travel | - | - | $25 | $25 |
| Total Functional Expenses | $536,014 | $65,275 | $100,100 | $701,389 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $701,389 |
| Total Expenses per Audited Statements | $701,389 |
| Total Expenses per Form 990 | $701,389 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $12,030 |
| Fundraising Direct Expenses | $9,892 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Event 1 | $68,527 | $6,150 | - | $6,150 |
| Event 2 | $66,225 | $5,880 | $5,422 | $458 |
| Total Events | $134,752 | $12,030 | $9,892 | $2,138 |
“N/a no committee has authority to act on behalf of the governing body.”
“The return preparer emails a copy of the final version of form 990 to the board member who reviews the return. Any questions are addressed and the return is approved by the director before filing the final version.”
“Written policy is included in the employee handbook”
“The only directors who receive compensation are the executive directors and the board has to approve any increase in compensation for the executive directors”
“The documents are available to the public upon request.”
“Founded by artists in 1982, diverseworks has been a recognized national leader for its ground-breaking programming; as a resource for the innovative and meaningful engagement of communities; as a commissioner of contemporary works in multiple media; and as a force that has shaped contemporary thought and practice in houston and the nation. Diverseworks is a leader in the nationwide movement of artist-centered organizations and is a vital presence in national organizations such as the national performance network, the visual artists network, and the national dance project. Diverseworks serves as a forum for issues and works that have no other public outlet in houston, and plays a similar role nationally. Diverseworks provides first-time commissioning opportunities for emerging artists, continued support for innovative mid-career artists, and acts as a launching pad for young artists and arts organizations. Diverseworks supports artists and projects that inspire dialogue about contemporary culture among artists, audiences, and the greater community. Diverseworks is a local and national source for high quality experiential and progressive works of art that compel viewers to broaden their perceptions of what art is and how art can be a critical tool for addressing social, cultural, and aesthetic concerns. Major programs in 2013-14: the eleventh hour, september 7 - october 12, 2013 the eleventh hour, a group exhibition highlighting a history of urgency and activism at diverseworks, while revisiting issues such as homelessness, aids activism, gender equality, censorship, and freedom of speech that remain critical today. Heather and ivan morison: slyk chaynjis, november 2 - december 28, 2013 uk-based artists heather and ivan morison were commissioned by diverseworks to create their first major institutional project in the united states. Their work takes various forms and has included film, sculpture and public art, theatrical and musical performances, literature, and community engagement. For diverseworks, the morisons have developed an expansive narrative that includes a gallery exhibition and mobile public performances. Slyk chaynjis is both the name of the exhibition and the protagonist in a fictional narrative about an unlikely pair of travelers on an epic journey. The morisons' dark comedy unfolds over the course of six acts and in multiple locations-inside and outside of diverseworks-and unpacks the construction of "self" as a performance provoked by personal trauma, psychological breakdown, and ethical discrepancy. Faifai: anton, neko, kuri, december 6 & 7, 2013 faifai, an experimental theater company based in tokyo, traveled to diverseworks on their first us tour. Combining pop visuals, graffiti-like body movements, and polyphonic soundscapes, anton, neko, kuri follows the alternatingly humorous and poignant travails of a stray cat. Faifai uses unconventional performance techniques - including cutting up, sampling and transforming performers' words into music, and inviting audience intervention - in order to blend disciplines, generate new realities, and reveal the creative process. Sonicworks, january 11 - march 1, 2014 sonicworks was a multi-platform exhibition that explored the expanding field of experimental sound art and practice. Focusing on contemporary artists who utilize a variety of materials from the conventional to the absurd, sonicworks featured discrete sound works, sculptural intervention, multi-media installations, and live performances. In addition to surveying current sound works, the exhibition also considers how diverseworks, an early and active commissioner of sonic ideas, has influenced the creation and reception of experimental sound in houston and the region. Wu tsang: moved by the motion, march 15 - may 3, 2014 diverseworks commissioned los angeles-based artist wu tsang to create a multi-media installation and performance that inhabits a space between fiction and documentary. Tsang is an award-winning”
“No provision for federal income taxes has been made in the financial statements. The organization is a non-profit, charitable corporation as defined by section 501(c)(3) of the internal revenue code and, accordingly, is exempt from federal income taxes. The organization accounts for uncertain tax positions, when it is more likely than not, that such an asset or a liability will be realized. As of august 31, 2014, management believes there were no uncertain tax positions.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/ActivityOrMissionDesc | 0 | SEE SCHEDULE ODIVERSEWORKS IS A NON-PROFIT ART CENTER DEDICATED TO PRESENTING NEW VISUAL, PERFORMING, AND LITERARY ART. DIVERSEWORKS IS A PLACE WHERE THE PROCESS OF CREATING ART IS VALUED AND WHERE ARTISTS CAN TEST NEW IDEAS IN THE PUBLIC ARENA. BY ENCOURAGING THE INVESTIGATION OF CURRENT ARTISTIC, CULTURAL AND SOCIAL ISSUES, DIVERSEWORKS BUILDS, EDUCATES, AND SUSTAINS AUDIENCES FOR CONTEMPORARY ART. |
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| IRS990/Desc | 0 | VARIOUS PROGRAMS TO PROMOTE VISUAL AND PERFORMING ARTS AND LITERATURE. SEE ATTACHED STATEMENT FOR ADDITIONAL DETAIL. |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS A NON-PROFIT, CHARITABLE CORPORATION AS DEFINED BY SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL INCOME TAXES. THE ORGANIZATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS, WHEN IT IS MORE LIKELY THAN NOT, THAT SUCH AN ASSET OR A LIABILITY WILL BE REALIZED. AS OF AUGUST 31, 2014, MANAGEMENT BELIEVES THERE WERE NO UNCERTAIN TAX POSITIONS. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FOUNDED BY ARTISTS IN 1982, DIVERSEWORKS HAS BEEN A RECOGNIZED NATIONAL LEADER FOR ITS GROUND-BREAKING PROGRAMMING; AS A RESOURCE FOR THE INNOVATIVE AND MEANINGFUL ENGAGEMENT OF COMMUNITIES; AS A COMMISSIONER OF CONTEMPORARY WORKS IN MULTIPLE MEDIA; AND AS A FORCE THAT HAS SHAPED CONTEMPORARY THOUGHT AND PRACTICE IN HOUSTON AND THE NATION. DIVERSEWORKS IS A LEADER IN THE NATIONWIDE MOVEMENT OF ARTIST-CENTERED ORGANIZATIONS AND IS A VITAL PRESENCE IN NATIONAL ORGANIZATIONS SUCH AS THE NATIONAL PERFORMANCE NETWORK, THE VISUAL ARTISTS NETWORK, AND THE NATIONAL DANCE PROJECT. DIVERSEWORKS SERVES AS A FORUM FOR ISSUES AND WORKS THAT HAVE NO OTHER PUBLIC OUTLET IN HOUSTON, AND PLAYS A SIMILAR ROLE NATIONALLY. DIVERSEWORKS PROVIDES FIRST-TIME COMMISSIONING OPPORTUNITIES FOR EMERGING ARTISTS, CONTINUED SUPPORT FOR INNOVATIVE MID-CAREER ARTISTS, AND ACTS AS A LAUNCHING PAD FOR YOUNG ARTISTS AND ARTS ORGANIZATIONS. DIVERSEWORKS SUPPORTS ARTISTS AND PROJECTS THAT INSPIRE DIALOGUE ABOUT CONTEMPORARY CULTURE AMONG ARTISTS, AUDIENCES, AND THE GREATER COMMUNITY. DIVERSEWORKS IS A LOCAL AND NATIONAL SOURCE FOR HIGH QUALITY EXPERIENTIAL AND PROGRESSIVE WORKS OF ART THAT COMPEL VIEWERS TO BROADEN THEIR PERCEPTIONS OF WHAT ART IS AND HOW ART CAN BE A CRITICAL TOOL FOR ADDRESSING SOCIAL, CULTURAL, AND AESTHETIC CONCERNS. MAJOR PROGRAMS IN 2013-14: THE ELEVENTH HOUR, SEPTEMBER 7 - OCTOBER 12, 2013 THE ELEVENTH HOUR, A GROUP EXHIBITION HIGHLIGHTING A HISTORY OF URGENCY AND ACTIVISM AT DIVERSEWORKS, WHILE REVISITING ISSUES SUCH AS HOMELESSNESS, AIDS ACTIVISM, GENDER EQUALITY, CENSORSHIP, AND FREEDOM OF SPEECH THAT REMAIN CRITICAL TODAY. HEATHER AND IVAN MORISON: SLYK CHAYNJIS, NOVEMBER 2 - DECEMBER 28, 2013 UK-BASED ARTISTS HEATHER AND IVAN MORISON WERE COMMISSIONED BY DIVERSEWORKS TO CREATE THEIR FIRST MAJOR INSTITUTIONAL PROJECT IN THE UNITED STATES. THEIR WORK TAKES VARIOUS FORMS AND HAS INCLUDED FILM, SCULPTURE AND PUBLIC ART, THEATRICAL AND MUSICAL PERFORMANCES, LITERATURE, AND COMMUNITY ENGAGEMENT. FOR DIVERSEWORKS, THE MORISONS HAVE DEVELOPED AN EXPANSIVE NARRATIVE THAT INCLUDES A GALLERY EXHIBITION AND MOBILE PUBLIC PERFORMANCES. SLYK CHAYNJIS IS BOTH THE NAME OF THE EXHIBITION AND THE PROTAGONIST IN A FICTIONAL NARRATIVE ABOUT AN UNLIKELY PAIR OF TRAVELERS ON AN EPIC JOURNEY. THE MORISONS' DARK COMEDY UNFOLDS OVER THE COURSE OF SIX ACTS AND IN MULTIPLE LOCATIONS-INSIDE AND OUTSIDE OF DIVERSEWORKS-AND UNPACKS THE CONSTRUCTION OF "SELF" AS A PERFORMANCE PROVOKED BY PERSONAL TRAUMA, PSYCHOLOGICAL BREAKDOWN, AND ETHICAL DISCREPANCY. FAIFAI: ANTON, NEKO, KURI, DECEMBER 6 & 7, 2013 FAIFAI, AN EXPERIMENTAL THEATER COMPANY BASED IN TOKYO, TRAVELED TO DIVERSEWORKS ON THEIR FIRST US TOUR. COMBINING POP VISUALS, GRAFFITI-LIKE BODY MOVEMENTS, AND POLYPHONIC SOUNDSCAPES, ANTON, NEKO, KURI FOLLOWS THE ALTERNATINGLY HUMOROUS AND POIGNANT TRAVAILS OF A STRAY CAT. FAIFAI USES UNCONVENTIONAL PERFORMANCE TECHNIQUES - INCLUDING CUTTING UP, SAMPLING AND TRANSFORMING PERFORMERS' WORDS INTO MUSIC, AND INVITING AUDIENCE INTERVENTION - IN ORDER TO BLEND DISCIPLINES, GENERATE NEW REALITIES, AND REVEAL THE CREATIVE PROCESS. SONICWORKS, JANUARY 11 - MARCH 1, 2014 SONICWORKS WAS A MULTI-PLATFORM EXHIBITION THAT EXPLORED THE EXPANDING FIELD OF EXPERIMENTAL SOUND ART AND PRACTICE. FOCUSING ON CONTEMPORARY ARTISTS WHO UTILIZE A VARIETY OF MATERIALS FROM THE CONVENTIONAL TO THE ABSURD, SONICWORKS FEATURED DISCRETE SOUND WORKS, SCULPTURAL INTERVENTION, MULTI-MEDIA INSTALLATIONS, AND LIVE PERFORMANCES. IN ADDITION TO SURVEYING CURRENT SOUND WORKS, THE EXHIBITION ALSO CONSIDERS HOW DIVERSEWORKS, AN EARLY AND ACTIVE COMMISSIONER OF SONIC IDEAS, HAS INFLUENCED THE CREATION AND RECEPTION OF EXPERIMENTAL SOUND IN HOUSTON AND THE REGION. WU TSANG: MOVED BY THE MOTION, MARCH 15 - MAY 3, 2014 DIVERSEWORKS COMMISSIONED LOS ANGELES-BASED ARTIST WU TSANG TO CREATE A MULTI-MEDIA INSTALLATION AND PERFORMANCE THAT INHABITS A SPACE BETWEEN FICTION AND DOCUMENTARY. TSANG IS AN AWARD-WINNING |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | N/A NO COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE RETURN PREPARER EMAILS A COPY OF THE FINAL VERSION OF FORM 990 TO THE BOARD MEMBER WHO REVIEWS THE RETURN. ANY QUESTIONS ARE ADDRESSED AND THE RETURN IS APPROVED BY THE DIRECTOR BEFORE FILING THE FINAL VERSION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | WRITTEN POLICY IS INCLUDED IN THE EMPLOYEE HANDBOOK |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ONLY DIRECTORS WHO RECEIVE COMPENSATION ARE THE EXECUTIVE DIRECTORS AND THE BOARD HAS TO APPROVE ANY INCREASE IN COMPENSATION FOR THE EXECUTIVE DIRECTORS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART III, LINE 4A, NARRATIVE OF PROGRAM SERVICE ACCOMPLISHMENTS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt | 0 | 245358 |
| IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt | 0 | 262000 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 343782 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 206473 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 343782 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 849713 |
| IRS990/TotalEmployeeCnt | 0 | 9 |
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Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.