Nonprofit · EIN 46-2758859
CULTURE ARTS INITIATIVE INC
Tax-exempt · HOUSTON, TX 77056
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $359,388 | $400,679 | -$41,291 | $343,935 | $0 | $343,935 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $359,388
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
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
- Legal fees
- $4,570
- Accounting fees
- $625
- Occupancy
- $55,864
- Travel
- $11,370
- Program services (functional)
- $400,679
Balance sheet and other
- Total assets, start of year
- $385,226
- Total assets, end of year
- $343,935
- Total liabilities, end of year
- $0
- Net assets, end of year
- $343,935
- Net assets without donor restrictions
- $343,935
- Gross receipts
- $359,388
- Employees
- 0
- Year formed
- 2013
- 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, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TRACI GREENE | EXEC. DIR Trustee or director, Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 5529 NAVARRO ST, HOUSTON, TX 77056-6234
- Mailing address (990-N for 2019)
- 5353 FANNIN Apt 1707, HOUSTON TX 77004
- Principal officer (990 for 2023)
- TRACI GREENE, 5529 NAVARRO STREET, HOUSTON, TX 77056
- Principal officer (990-N for 2019)
- TRACI GREENE, 5353 FANNIN Room/Suite 1707, HOUSTON TX 77004
- Signed the 990
- TRACI GREENE, PRESIDENT
- Phone
- (713) 972-1320
- Return prepared by
- ZENO & ASSOCIATES INC
Mission
Our mission is to cultivate and educate new generations of life-long dancers and arts advocates throughout the Houston Metropolitan area through scholarship funding, mentorship, education, and performance based arts programs.
Program accomplishments
- Our mission is to cultivate and educate new generations of life-long dancers and arts advocates throughout the Houston Metropolitan area through scholarship funding, mentorship, education, and performance based arts programs.Expenses $400,679 · revenue $359,388
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 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-2758859
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A25)
- Assets (IRS master file)
- $343,935
- Income (IRS master file)
- $359,388
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2023 | $359,388 | $400,679 | $343,935 | XML |
| 990 | December 2022 | $327,417 | $238,644 | $385,226 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: TRACI GREENE | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 46-2758859).
Questions about CULTURE ARTS INITIATIVE INC
- What is the EIN of CULTURE ARTS INITIATIVE INC?
- The employer identification number (EIN) of CULTURE ARTS INITIATIVE INC is 46-2758859.
- Is CULTURE ARTS INITIATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to CULTURE ARTS INITIATIVE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CULTURE ARTS INITIATIVE INC 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 CULTURE ARTS INITIATIVE INC 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 CULTURE ARTS INITIATIVE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2023.
- Who is the principal officer of CULTURE ARTS INITIATIVE INC?
- The 990 for the year ended December 31, 2023 names TRACI GREENE.
- Who are the officers and directors of CULTURE ARTS INITIATIVE INC?
- The 990 for the year ended December 31, 2023 lists 1 person; 0 received compensation from the organization.
- How much revenue does CULTURE ARTS INITIATIVE INC have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $359,388, expenses of $400,679 and total assets of $343,935 at year end.
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