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Nonprofit · EIN 76-0115712

THE FINE ARTS FOUNDATION

Tax-exempt · HOUSTON, TX 77254

Financials

$36K$46K2023$14K$38K2024
Revenue Expenses · by fiscal year end
Financials of THE FINE ARTS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$13,681$38,061-$24,380$122,243$0$122,243
December 31, 2023990$35,998$45,611-$9,613$146,623$0$146,623
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$19,024
Program service revenue
$0
Investment income
$0
Net income from gaming
-$5,343
Other revenue
-$5,343

Expenses

Grants and similar amounts paid
$23,700
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$36,270
Management and general (functional)
$1,791

Balance sheet and other

Total assets, start of year
$146,623
Total assets, end of year
$122,243
Total liabilities, end of year
$0
Net assets, end of year
$122,243
Publicly traded securities
$85,527
Net assets without donor restrictions
$122,243
Gross unrelated business income
$1,811
Gross receipts
$1,052,445
Employees
0
Year formed
1985
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.

NameTitleHours / weekCompensation
JAMES P ARNOLDPRESIDENT
Trustee or director, Officer
5$0
CHRISTOPHER ECHEBIRISECRETARY
Trustee or director, Officer
2$0
CAROL WARRENVP/TREASURER
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
JAMES P ARNOLDPRESIDENT
Trustee or director, Officer
10$4,600
CHRISTOPHER ECHEBIRISECRETARY
Trustee or director, Officer
–$0
CAROL WARRENVP/TREASURER
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
PO BOX 542254, HOUSTON, TX 77254-2254
Principal officer (990 for 2024)
JAMES P ARNOLD, 2444 TIMES BLVD SUITE 236M, HOUSTON, TX 77005
Signed the 990
JAMES P ARNOLD, PRESIDENT
Phone
(713) 523-3511
Return prepared by
RANDELL M NAQUIN CPA PLLC

Mission

OUR MISSION IS TO MAKE THE ARTS AVAILABLE FOR PEOPLE SO THAT THEY CAN APPRECIATE THEIR CULTURAL VALUE AND INFLUENCE. OUR MAIN EMPHASIS IS ON "FOLK ART" AS EXPRESSED IN MUSIC AND CULTURAL TRADITIONS, ESPECIALLY IN THE CELTIC AND BRITTISH ISLES TRADITION. WE ALSO HAVE A SPECIAL EMPHASIS ON ASSISTING STUDENTS AND SPECIALLY CHALLENGE INDIVIDUALS WANTING TO IMPROVE CULTURALLY. WE SUPPORT INDIVIDUALS AND ORGANIZATIONS PROVIDING BASIC ASSISTANCE TO SUCH PERSONS IN ORDER TO PROVIDE A FOUNDATION ON WHICH CULTURAL ADVANCEMENT MAY PROGRESS.

990 for the year ended December 31, 2024

Program accomplishments

  • CULTURAL EDUCATION AND MENTORING: COUNSELING AND MENTORING PROVIDED FOR THOSE ASPIRING TO IMPROVE CULTURALLY. WE INCLUDE A CONCERN FOR SPECIALLY CHALLENGED ASPIRANTS. SPECIALLY CHALLENGED, BUT GIFTED, INDIVIDUALS ARE MENTORED SO THAT THIER ABILITIES ARE NUTURED AND DEVELOPED SOCIALLY AND CULTURALLY, ESPECIALLY BY "KINESTHETIC LEARNING", THROUGH MOVEMENT AND SPORTS. ATTENTION IS PROVIDED TO THEIR BASIC NEEDS, SUCH AS BOOKS, COMPUTER ACCESS, INSTUMENTS, CLOTHES AND TEMPORARY FOOD AND SHELTER WHEN REQUIRED. WE WORK CLOSELY WITH AND CONTRIBUTE TO ORGANIZATIONS EQUIPED FOR THIS SERVICE. OUR SUPPORT SERVED 1000 PERSONS.
    Expenses $11,250 · grants $8,000
  • CULTURAL STUDIES: RESEARCH AND PRESENTATIONS ON ASPECTS OF CULTURE, INCLUDING MUSIC, ART, RELIGION AND HISTORY. PRESENTED IN GROUPS AND IN PERSONAL CONSULTATION THROUGH LECTURES AND INTERNET. SPECIAL EMPHASIS ON JEWISH/CHRISTIAN MUSIC LITERATURE, AND CULTURE. EDUCATIONAL OUTREACH TO TEXAS STUDENTS ON NATIVE AMERICAN FOLK ART AND TRADITION. 1500 PERSONS WERE SERVED.
    Expenses $10,970 · grants $8,000
  • PERFORMANCE EDUCATION PROJECTS: THE FOUNDATION LIBRARY PROVIDED DRAMA, SPEECH, AND MUSIC PERFORMANCE DESIGNED TO ENHANCE THE APPRECIATION OF AMERICAN FOLK ART AND CUTURE WITH AN EARLY EMPHASIS ON EARLY AMERICAN FOLK TALES AND BIBLICAL INTERPRETATIONS. GUIDANCE AND DIRECTION WERE PROVIDED FOR THE STUDY OF BIBLICAL MUSIC, AND WELL AS CELTIC AND NATIVE AMERICAN CULTURES. 1000 PEOPLE WERE SERVED.
    Expenses $14,050 · grants $7,700
  • HELPED TO DEVELOP MUSICAL PROGRAMS AND SKILL IN THE MIDDLE EAST WITH REMEMBER THE RIVER PROGRAM THAT WE PROVIDE SCHOLORSHIPS, TEACHING PROGRAMS, INSTRUMENTS, AND RECORDINGS ON SITE IN THAT COUNTRY.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
76-0115712
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1984
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$122,243
Income (IRS master file)
$1,052,445

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$13,681$38,061$122,243XML
990-TDecember 2024–––IRS
990December 2023$35,998$45,611$146,623XML
990-TDecember 2023–––IRS
990December 2022$48,465$47,191$156,236IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––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 76-0115712).

Questions about THE FINE ARTS FOUNDATION

What is the EIN of THE FINE ARTS FOUNDATION?
The employer identification number (EIN) of THE FINE ARTS FOUNDATION is 76-0115712.
Is THE FINE ARTS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to THE FINE ARTS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE FINE ARTS 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 THE FINE ARTS 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 THE FINE ARTS 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 THE FINE ARTS FOUNDATION?
The 990 for the year ended December 31, 2024 names JAMES P ARNOLD.
Who are the officers and directors of THE FINE ARTS FOUNDATION?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does THE FINE ARTS FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $13,681, expenses of $38,061 and total assets of $122,243 at year end.

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