2025-02-20T08:06:30-08:00 2024-08-31 462979080 Allman & Associates Inc 9600 Great Hills Trail Suite 150W Austin TX 78759 990 2023-09-01 161677792 SAMMONS CENTER ENDOWMENT CORP SAMM 2145207788 3630 HARRY HINES BOULEVARD DALLAS TX 75219 LUCAS LACHANCE TREASURER 2145207788 2025-02-20 true true Peter L Allman CPA P00648533 5125023077 2025-02-20 2023 2025-03-06 01:10:19Z JOANNA ST ANGELO 3630 HARRY HINES BOULEVARD DALLAS TX 75219 86821 false X WWW.SAMMONSARTCENTER.ORG X 2011 TX TO RECEIVE CHARITABLE CONTRIBUTIONS THAT WILL BE HELD IN AN ENDOWMENT. INCOME AND CAPITAL GAINS FROM THESE CONTRIBUTIONS ARE AVAILABLE TO SAMMONS CENTER FOR THE ARTS IN FULL SUPPORT OF ITS MISSION. 7 7 0 7 0 0 0 0 89250 86821 0 89250 86821 75000 390000 0 0 0 0 36395 42914 111395 432914 -22145 -346093 5558768 6479396 0 5558768 6479396 THE SAMMONS CENTER ENDOWMENT CORP. IS ORGANIZED TO RECEIVE CHARITABLE CONTRIBUTIONS THAT WILL BE HELD IN AN ENDOWMENT. INCOME AND CAPITAL GAINS FROM THESE CONTRIBUTIONS ARE AVAILABLE TO SAMMONS CENTER FOR THE ARTS IN FULL SUPPORT OF ITS MISSION. false false 397040 396000 0 THE MISSION OF THE ORGANIZATION IS TO SUPPORT SAMMONS CENTER FOR THE ARTS THROUGH AN ENDOWMENT. 397040 true false false false false false false false false true false false false false false true false true false false false false false false false false false true false false false false false false false false false false false false false false false true false false false false true 0 0 true 0 false false false false false false false false false false false false false false X 7 7 false false false false true true false true true false false true true true true true true true false false X X JOANNA ST ANGELO 2145207788 3630 HARRY HINES BOULEVARD DALLAS TX 75219 CHRISTOPHER POINSATTE PRESIDENT 1.00 X X 0 0 0 LUCAS LACHANCE TREASURER 1.00 X X 0 0 0 G TIMOTHY HARDIN SECRETARY 1.00 X X 0 0 0 LORI BENSING DIRECTOR 1.00 X 0 0 0 JOSHUA BLACK DIRECTOR 1.00 X 0 0 0 JOHN L STRAUSS DIRECTOR 1.00 X 0 0 0 MICHAEL L RIDDLE DIRECTOR 1.00 X 0 0 0 BRUCE WILLIAMS DIRECTOR 1.00 X 0 0 0 JOANNA ST ANGELO EXECUTIVE DIRECTOR 1.00 X 0 109700 13000 0 109700 13000 false false false 86821 0 86821 86821 0 0 86821 390000 390000 35874 0 35874 0 7040 7040 0 0 432914 397040 35874 0 5558768 6479396 5558768 6479396 0 0 X 5558768 6479396 5558768 6479396 5558768 6479396 -346093 1266721 X X false true X true false X X 1 SAMMONS CENTER FOR THE ARTS 751785673 10 true 390000 0 1 390000 0 0 0 0 0 true false false false false false false false false false false false false false false true false 5558768 1353542 390000 7040 35874 6479396 5061805 608358 75000 5500 30895 5558768 5874761 67500 -846580 0 90 33786 5061805 5444237 105000 657647 300000 32123 5874761 4045918 117469 1370448 60000 29598 5444237 false false Pt XII, Line 4b THE INTERNAL REVENUE SERVICE RECOGNIZES BOTH THE CENTER AND THE CORPORATION AS NON-PROFIT ORGANIZATIONS EXEMPT FROM INCOME TAX, EXCEPT ON UNRELATED BUSINESS INCOME, UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND ARE CLASSIFIED AS PUBLIC CHARITIES AND NOT AS PRIVATE FOUNDATIONS. THEREFORE, NO PROVISION HAS BEEN MADE FOR TAXES ON INCOME IN THESE CONSOLIDATED FINANCIAL STATEMENTS. BOTH ORGANIZATIONS REGULARLY ASSESS UNCERTAIN TAX POSITIONS IN EACH TAX JURISDICTION IN WHICH THEY OPERATE AND ACCOUNT FOR THE RELATED FINANCIAL STATEMENT IMPLICATIONS. NEITHER ORGANIZATION HAS ANY UNCERTAIN TAX POSITIONS AT AUGUST 31, 2023. BOTH THE CENTER AND THE CORPORATION ARE POTENTIALLY SUBJECT TO AUDIT BY TAXING AUTHORITIES FOR THE PREVIOUS THREE TAX YEARS WHICH ARE CONSIDERED OPEN. THERE ARE CURRENTLY NO INCOME TAX AUDITS IN PROGRESS AT THE DATE OF THIS REPORT. true SAMMONS CENTER FOR THE ARTS 3630 HARRY HINES DALLAS TX 75219 751785673 501 C 3 390000 SUPPORT Pt VI, Line 6 SAMMONS CENTER FOR THE ARTS IS THE SOLE MEMBER. Pt VI, Line 7a AT LEAST 51% OR MORE OF THE DIRECTORS, TRUSTEES, AND KEY EMPLOYEES OF THE CORPORATION WERE APPOINTED BY SAMMONS CENTER FOR THE ARTS, INC. Pt VI, Line 11b A DRAFT OF THE 990 IS REVIEWED BY THE FINANCE COMMITTEE. ONCE THAT PROCESS IS COMPLETE, THE TREASURER PRESENTS THE 990 TO THE BOARD, ANSWERS ANY QUESTIONS, AND THEN THE FORM 990 IS APPROVED BY THE BOARD THROUGH A VOTE. Pt VI, Line 12c WHEN THEY ARE ELECTED, BOARD MEMBERS ARE REQUIRED TO SIGN AN ACKNOWLEDMENT THAT THEY HAVE READ THE CONFLICT OF INTEREST POLICY AND AGREE TO ABIDE BY IT. EACH YEAR, THE BOARD REVIEWS THE POLICY, BYLAWS, AND GUIDELINES THAT GOVERN THE BOARD AND THE CENTER AT A BOARD MEETING, AND MEMBERS ARE ASKED TO DISCLOSE ANY POTENTIAL CONFLICTS. BASED ON THIS ANNUAL REVIEW, THE CENTER IS ABLE TO MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY. SHOULD A CONFLICT COME TO LIGHT, THE EXECUTIVE COMMITTEE REVIEWS THE CIRCUMSTANCES AND DECIDES ON A COURSE OF ACTION THAT IS RECOMMENDED TO THE BOARD. Pt VI, Line 15a THE BOARD OF SAMMONS CENTER HAS A COMPENSATION COMMITTEE THAT DETERMINES THE SALARY FOR THE EXECUTIVE DIRECTOR, WHO IS SHARED WITH THE ENDOWMENT. Pt VI, Line 19 ALL REQUESTS FOR THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE GRANTED IMMEDIATELY EITHER IN PERSON, BY MAIL, BY FAX, OR BY ELECTRONIC MEANS BY THE EXECUTIVE DIRECTOR OR THE EXECUTIVE ASSISTANT. ADDITIONALLY, THE AUDITS AND BYLAWS (WHICH INCLUDE THE CONFLICT OF INTEREST POLICY) ARE AVAILABLE THROUGH DONORBRIDGE AND ARE UPDATED ANNUALLY. Pt XII, Line 2c THE FINANCE COMMITTE IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDANT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR TAX YEAR. SAMMONS CENTER FOR THE ARTS 3630 HARRY HINES DALLAS TX 75219 751785673 PERFORMING ARTS TX 501(C)(3) 7 false false true false false false false false false false false false false true true true false false true false SAMMONS CENTER FOR THE ARTS b 390000 ACV SAMMONS CENTER FOR THE ARTS r 6000 ACV