Nonprofit · EIN 46-1227056
DALLAS ART FAIR FOUNDATION
Tax-exempt · DALLAS, TX 75219
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $276,877 | $240,202 | $36,675 | $71,468 | $0 | $71,468 |
| December 31, 2023 | 990 | $171,329 | $199,279 | -$27,950 | $34,793 | $0 | $34,793 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $77,212
- Program service revenue
- $190,066
- Investment income
- $0
- Net income from sales of inventory
- $9,599
- Other revenue
- $9,599
Expenses
- Grants and similar amounts paid
- $130,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,500
- Program services (functional)
- $240,202
Balance sheet and other
- Total assets, start of year
- $34,793
- Total assets, end of year
- $71,468
- Total liabilities, end of year
- $0
- Net assets, end of year
- $71,468
- Net assets without donor restrictions
- $71,468
- Gross receipts
- $278,905
- Employees
- 0
- Year formed
- 2012
- 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 |
|---|---|---|---|
| MARLENE FOGARTY SUGRUE | Director Trustee or director | 1 | $0 |
| CLIFF RISMAN | Director Trustee or director | 1 | $0 |
| CHRISTINA JAFAR | Director Trustee or director | 1 | $0 |
| MITA STERN | Treasurer Trustee or director, Officer | 1 | $0 |
| CHRIS STEWART | Director Trustee or director | 1 | $0 |
| DAVID LIU | Chairman/dir Trustee or director, Officer | 1 | $0 |
| JENNIFER KLOS | Secretary Trustee or director, Officer | 1 | $0 |
| ROD SAGER | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTINA JAFAR | Director Trustee or director | 1 | $0 |
| CHRIS STEWART | Director Trustee or director | 1 | $0 |
| DAVID LIU | Chairman/dir Trustee or director, Officer | 1 | $0 |
| JENNIFER KLOS | Director Trustee or director | 1 | $0 |
| ROD SAGER | Director Trustee or director | 1 | $0 |
| TERRI STILLWELL | Secretary Officer | 1 | $0 |
| JEANETTE BRONAUGH | Treasurer Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 191408, DALLAS, TX 75219-8408
- In care of
- % TERRI STILLWELL
- Principal officer (990 for 2024)
- DAVID LIU, PO Box 191408, Dallas, TX 752198408
- Signed the 990
- Officer, Officer
- Phone
- (214) 871-7930
- Return prepared by
- Toombs Hall & Foster LLP
Mission
The foundation has been organized for the primary purpose to raise donations that will be used to promote appreciation of the arts in Dallas County, Texas. The Foundation will conduct an annual fund raising event to be called the Dallas Art Fair Gala (the Gala). Patrons of the arts community will be invited to make donations through the purchase of tickets to attend this educational event and celebration of the arts. All proceeds from the Gala will be distributed to charitable or educational beneficiaries in the arts community. The charitable and educational beneficiaries of the proceeds from the Gala will be selected each year by the directors of the Foundation based on merit and need.
Program accomplishments
- Dallas Art Fair Foundation (DAFF) promotes national and international education and appreciation in art, culture and humanities through fund raising and fund distribution. DAFF provides grants and awards to other charitable organizations. This year, a total of $130,000 was granted to Dallas Contemporary, Dallas Museum of Art,Nasher Sculpture Center, and Booker T. High School for the Performing and Visual Arts through the DAFF benefit gala held in April.Expenses $240,202 · grants $130,000 · revenue $276,877
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 on file |
IRS record
- EIN
- 46-1227056
- 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
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A12)
- Assets (IRS master file)
- $71,468
- Income (IRS master file)
- $278,905
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $276,877 | $240,202 | $71,468 | XML |
| 990 | December 2023 | $171,329 | $199,279 | $34,793 | XML |
| 990 | December 2022 | $231,644 | $241,252 | $62,743 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 46-1227056).
Questions about DALLAS ART FAIR FOUNDATION
- What is the EIN of DALLAS ART FAIR FOUNDATION?
- The employer identification number (EIN) of DALLAS ART FAIR FOUNDATION is 46-1227056.
- Is DALLAS ART FAIR FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to DALLAS ART FAIR FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DALLAS ART FAIR FOUNDATION 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 DALLAS ART FAIR FOUNDATION 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 DALLAS ART FAIR FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of DALLAS ART FAIR FOUNDATION?
- The 990 for the year ended December 31, 2024 names DAVID LIU.
- Who are the officers and directors of DALLAS ART FAIR FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does DALLAS ART FAIR FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $276,877, expenses of $240,202 and total assets of $71,468 at year end.
Other nonprofits in DALLAS
- DALLAS MUSEUM OF ART EIN 75-0808774 · last filed 990 for 2025
- PEROT MUSEUM OF NATURE AND SCIENCE EIN 75-6067569 · last filed 990 for 2025
- NORTH TEXAS PUBLIC BROADCASTING INC EIN 75-2084961 · last filed 990 for 2025
- DALLAS SYMPHONY ASSOCIATION INC EIN 75-0705442 · last filed 990 for 2025
- BROADWAY DALLAS INC EIN 75-1104793 · last filed 990 for 2025
- COMMEMORATIVE AIR FORCE EIN 74-1484491 · last filed 990 for 2024
- FAIR PARK FIRST EIN 83-1837875 · last filed 990 for 2025
- DALLAS SYMPHONY FOUNDATION EIN 75-1529851 · last filed 990 for 2025
All nonprofits in DALLAS · Texas · Arts, culture and humanities