Nonprofit · EIN 05-0616886
WACO CULTURAL ARTS FEST
Tax-exempt · WACO, TX 76704
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $221,673 | $199,410 | $22,263 | $258,799 | $25,984 | $232,815 |
| December 31, 2023 | 990-EZ | $186,527 | $220,187 | -$33,660 | $250,452 | $39,900 | $210,552 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $203,363
- Program service revenue
- $15,194
- Investment income
- $188
- Net income from fundraising events
- $2,928
- Other revenue
- $2,928
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $7,595
- Occupancy
- $21,158
- Depreciation
- $384
- Program services (functional)
- $188,220
- Management and general (functional)
- $11,190
Balance sheet and other
- Total assets, start of year
- $250,452
- Total assets, end of year
- $258,799
- Total liabilities, end of year
- $25,984
- Net assets, end of year
- $232,815
- Land, buildings and equipment
- $290
- Net assets without donor restrictions
- -$10,820
- Net assets with donor restrictions
- $243,635
- Gross receipts
- $224,849
- Employees
- 0
- Year formed
- 2004
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Doreen Ravenscroft | President Trustee or director, Officer | 10 | $0 |
| Sugako Stone | Treasurer Trustee or director | 5 | $0 |
| Jason MacGregor | Director Trustee or director | 1 | $0 |
| Aniceto Charles | Director Trustee or director | 1 | $0 |
| Carla Dotson | Director Trustee or director | 1 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Doreen Ravenscroft | President | 10 | $0 |
| Sugako Stone | Treasurer | 5 | $0 |
| Brandy Abel Clark | Director | 1 | $0 |
| Carla Dotson | Director | 1 | $0 |
| Laura Beck | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 814 ELM AVE, WACO, TX 76704-2658
- In care of
- % DOREEN RAVENSCROFP
- Signed the 990
- Doreen Ravenscroft, President
- Phone
- (254) 723-6830
- Website
- WWW.WACOARTSFEST.ORG
- Return prepared by
- Shawnee Miller CPA PC
Mission
To engage and enrich our community by providing outstanding arts programming and cultural activities that inspire creativity and participation.
Program accomplishments
- WCAF honors art education and the art community through annual festivals of art, music, performance, food, and art activities for all ages.Expenses $155,750 · revenue $12,144
- WCAF contracts with individual artists and receives funds donated to support the placement of public art in waco and the surrounding communities.Expenses $32,470
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 05-0616886
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A40)
- Assets (IRS master file)
- $258,799
- Income (IRS master file)
- $224,849
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $221,673 | $199,410 | $258,799 | XML |
| 990-EZ | December 2023 | $186,527 | $220,187 | $250,452 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 05-0616886).
Questions about WACO CULTURAL ARTS FEST
- What is the EIN of WACO CULTURAL ARTS FEST?
- The employer identification number (EIN) of WACO CULTURAL ARTS FEST is 05-0616886.
- Is WACO CULTURAL ARTS FEST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to WACO CULTURAL ARTS FEST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WACO CULTURAL ARTS FEST file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WACO CULTURAL ARTS FEST due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WACO CULTURAL ARTS FEST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of WACO CULTURAL ARTS FEST?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does WACO CULTURAL ARTS FEST have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $221,673, expenses of $199,410 and total assets of $258,799 at year end.
Other nonprofits in WACO
- DR PEPPER MUSEUM AND FREE ENTERPRISE INSTITUTE EIN 74-2497117 · last filed 990 for 2024
- WACO CREATIVE ART CENTER EIN 74-1721811 · last filed 990 for 2024
- WACO SYMPHONY ASSOCIATION INC EIN 74-6062658 · last filed 990 for 2025
- CREATIVE WACO EIN 47-3755745 · last filed 990 for 2024
- BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION EIN 74-2674611 · last filed 990 for 2025
- TEXAS MUSEUMS & HALLS OF FAME EIN 74-2603242 · last filed 990 for 2024
- WACO CIVIC THEATRE EIN 74-1467606 · last filed 990 for 2025
- FESTIVAL ON THE BRAZOS EIN 23-7045330 · last filed 990 for 2025
All nonprofits in WACO · Texas · Arts, culture and humanities