Civic Intelligence

Babes Fest Inc.

990 • Fiscal year 2024 • EIN 81-5349740

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 17, 2025

5201 Park At Woodlands DrAustin, TX 78724

(512) 720-9952

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.16x

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

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

Liabilities / Revenue

74th percentile

0.03x

Higher debt load relative to revenue than 74% of similar nonprofits.

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

Net Margin

68th percentile

15%

Higher net margin than 68% of similar nonprofits.

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

Top Officer Pay

96th percentile

$75,969

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 15.5% of source-year revenue.

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

Asset Growth

97th percentile

350%

Faster asset growth than 97% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

43%

Faster revenue growth than 81% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$87,967

Up $60,519 (+220%) from 2022

Net Assets

Up

$73,649

Up $64,748 (+727%) from 2022

Liabilities

Down

$14,318

Down $4,229 (-23%) from 2022

Revenue

Up

$489,973

Up $179,773 (+58%) from 2022

Expenses

Up

$418,616

Up $72,316 (+21%) from 2022

Net Income

Up

$71,357

Up $107,457 (+298%) from 2022

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2019: $20,694Liabilities 2019: $0Net Assets 2019: $20,6942019Assets 2020: $32,321Liabilities 2020: $25,146Net Assets 2020: $7,1752020Assets 2022: $27,448Liabilities 2022: $18,547Net Assets 2022: $8,9012022Assets 2024: $87,967Liabilities 2024: $14,318Net Assets 2024: $73,6492024

Highlighted filing

2024

Assets$87,967
Liabilities$14,318
Net Assets$73,649

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2019: $217,046Expenses 2019: $208,416Net Income 2019: $8,6302019Revenue 2020: $208,968Expenses 2020: $222,487Net Income 2020: -$13,5192020Revenue 2022: $310,200Expenses 2022: $346,300Net Income 2022: -$36,1002022Revenue 2024: $489,973Expenses 2024: $418,616Net Income 2024: $71,3572024

Highlighted filing

2024

Revenue$489,973
Expenses$418,616
Net Income$71,357
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$489,973
Mission and Program Overview

Mission

To promote gender equity in creative communities in texas through festivals, markets, exhibitions, workshops and artistic programming.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$19,543$87,967▲ $68,424
Rtn Earn Endowment Incm Other Fnds$2,292$73,649▲ $71,357
Total Assets$19,543$87,967▲ $68,424
Liabilities
Unsecured Notes Loans Payable$16,028$14,318▼ $1,710
Accounts Payable and Accrued Expenses$1,223--
Total Liabilities$17,251$14,318▼ $2,933
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,292$73,649▲ $71,357
Total Liabilities and Net Assets / Fund Balance$19,543$87,967▲ $68,424
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jane HerveyFounding Executive DirectorFT$70,669$5,300$75,969
Xochi SolisBoard President-$13,400-$13,400

Board Members and Trustees

NameTitle
Hali MartinBoard Secretary
Leslie FenderBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$392,865
Program Service Revenue
$96,645
Investment Income
$0
Other Revenue
$463
All Other Contributions
$245,916
Change in Net Assets
$71,357
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$264,707
Salaries, Compensation, and Employee Benefits$153,909
Total Fundraising Expense$17,899
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$84,329$34,513$15,194$134,036
Fees for Services Other$98,000$9,862-$107,862
Other Expenses$46,318--$46,318
Occupancy$22,601$12,322-$34,923
Advertising$10,288--$10,288
Payroll Taxes$6,278$2,574$1,086$9,938
Other Employee Benefits$6,348$2,616$971$9,935
Information Technology$1,351$7,716$648$9,715
Conferences and Meetings$2,915$2,914-$5,829
Office Expenses-$4,627-$4,627
All Other Expenses-$2,414-$2,414
Travel$1,058--$1,058
Insurance-$767-$767
Interest-$403-$403
Total Functional Expenses$319,989$80,728$17,899$418,616
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Executive director reviews return with the governing body board.

Conflict of interest policy compliance Part VI line 12C

All board members and staff members at future front tx are required to disclose conflicts of interest. Conflicts of interest are then reviewed by our board and measures are taken to address the conflict of interest. A failure to disclose could result in the removal of ones position from the board or a staff position.

Governing documents etc available to public Part VI line 19

Governing documents are available upon request. Requests can be made via the organizations contact form or by emailing [email protected].

Filing and Contact Details

Filer

Filer Name
Babes Fest Inc
EIN
81-5349740
In Care Of
% XOCHI SOLIS
Phone
5127209952
Address
5201 PARK AT WOODLANDS DR, AUSTIN, TX 78724
Doing Business As
Future Front Texas

Signing Officer

Name
Xochi Solis
Title
Board President
Phone
5127209952
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jane Hervey
Formed
2017
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
2
Employees
4
Volunteers
112

Preparer

Firm
Mona Hervey Hayes CPA Pc
Address
905 E HARRISON AVE, HARLINGEN, TX 78550
Preparer
Mona Hayes
Phone
9564230876
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Expense detail: program svcs: mgmt & general exp:contract services performed during events and programs 98,000 9,862total: 98,000 9,862

List of other expenses Part IX line 24E

Expense detail: mgmt & gen:taxes/licenses/permits 2,414total: 2,414

Part III response or note to any other line in Part III

Line 4a: additional program service accomplishments112 volunteers, board members, community curators and collaborators joined us throughout the year to contribute 1500+ hours of support to future fronts programs. (this is the largest number of active volunteers in future fronts 9-year history.)we were recognized for our work by a number of partners, sponsors and grant-makers, including tthe texas commission for the arts and the national endowment for the arts (for the first time). We also received the city of austins cultural arts division and economic development department elevate grant for a second year. We continued creative community design projects with downtown austin alliance foundation, the contemporary austin, the line hotel austin, pease park, red river cultural district, waymo, waterloo greenway and more, too.we doubled this summers community clubs, which saw 23 different future front members curate and host free creative sessions for 500+ community members.we worked with highlander center, mutual love rest fest, water lit and project for empty space to host interactive art exhibits and community teach-ins on the artistic, cultural and creative impact of southern peoples struggles for justice and democracy. This years themes centered community-care, reproductive justice and trans joy.all in all, across 50 public markets, festivals, shows and community programs in 2024, we welcomed 18,000 visitors, opening up $122,000 in commissions and contracts for 1,550+ independent creatives and artists in texas.part iii, 4d program service accomplishment:through the the work conference, we brought together 300+ creative leaders in austin to skill-build and resource-share around community-building, small business education, storytelling and adaptive leadership.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXECUTIVE DIRECTOR REVIEWS RETURN WITH THE GOVERNING BODY BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS AND STAFF MEMBERS AT FUTURE FRONT TX ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST. CONFLICTS OF INTEREST ARE THEN REVIEWED BY OUR BOARD AND MEASURES ARE TAKEN TO ADDRESS THE CONFLICT OF INTEREST. A FAILURE TO DISCLOSE COULD RESULT IN THE REMOVAL OF ONES POSITION FROM THE BOARD OR A STAFF POSITION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. REQUESTS CAN BE MADE VIA THE ORGANIZATIONS CONTACT FORM OR BY EMAILING [email protected].
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXPENSE DETAIL: PROGRAM SVCS: MGMT & GENERAL EXP:CONTRACT SERVICES PERFORMED DURING EVENTS AND PROGRAMS 98,000 9,862TOTAL: 98,000 9,862
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EXPENSE DETAIL: MGMT & GEN:TAXES/LICENSES/PERMITS 2,414TOTAL: 2,414
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LINE 4A: ADDITIONAL PROGRAM SERVICE ACCOMPLISHMENTS112 VOLUNTEERS, BOARD MEMBERS, COMMUNITY CURATORS AND COLLABORATORS JOINED US THROUGHOUT THE YEAR TO CONTRIBUTE 1500+ HOURS OF SUPPORT TO FUTURE FRONTS PROGRAMS. (THIS IS THE LARGEST NUMBER OF ACTIVE VOLUNTEERS IN FUTURE FRONTS 9-YEAR HISTORY.)WE WERE RECOGNIZED FOR OUR WORK BY A NUMBER OF PARTNERS, SPONSORS AND GRANT-MAKERS, INCLUDING TTHE TEXAS COMMISSION FOR THE ARTS AND THE NATIONAL ENDOWMENT FOR THE ARTS (FOR THE FIRST TIME). WE ALSO RECEIVED THE CITY OF AUSTINS CULTURAL ARTS DIVISION AND ECONOMIC DEVELOPMENT DEPARTMENT ELEVATE GRANT FOR A SECOND YEAR. WE CONTINUED CREATIVE COMMUNITY DESIGN PROJECTS WITH DOWNTOWN AUSTIN ALLIANCE FOUNDATION, THE CONTEMPORARY AUSTIN, THE LINE HOTEL AUSTIN, PEASE PARK, RED RIVER CULTURAL DISTRICT, WAYMO, WATERLOO GREENWAY AND MORE, TOO.WE DOUBLED THIS SUMMERS COMMUNITY CLUBS, WHICH SAW 23 DIFFERENT FUTURE FRONT MEMBERS CURATE AND HOST FREE CREATIVE SESSIONS FOR 500+ COMMUNITY MEMBERS.WE WORKED WITH HIGHLANDER CENTER, MUTUAL LOVE REST FEST, WATER LIT AND PROJECT FOR EMPTY SPACE TO HOST INTERACTIVE ART EXHIBITS AND COMMUNITY TEACH-INS ON THE ARTISTIC, CULTURAL AND CREATIVE IMPACT OF SOUTHERN PEOPLES STRUGGLES FOR JUSTICE AND DEMOCRACY. THIS YEARS THEMES CENTERED COMMUNITY-CARE, REPRODUCTIVE JUSTICE AND TRANS JOY.ALL IN ALL, ACROSS 50 PUBLIC MARKETS, FESTIVALS, SHOWS AND COMMUNITY PROGRAMS IN 2024, WE WELCOMED 18,000 VISITORS, OPENING UP $122,000 IN COMMISSIONS AND CONTRACTS FOR 1,550+ INDEPENDENT CREATIVES AND ARTISTS IN TEXAS.PART III, 4D PROGRAM SERVICE ACCOMPLISHMENT:THROUGH THE THE WORK CONFERENCE, WE BROUGHT TOGETHER 300+ CREATIVE LEADERS IN AUSTIN TO SKILL-BUILD AND RESOURCE-SHARE AROUND COMMUNITY-BUILDING, SMALL BUSINESS EDUCATION, STORYTELLING AND ADAPTIVE LEADERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other expenses Part IX line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part III response or note to any other line in Part III
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