WACO CULTURAL ARTS FEST

Drawing People Together

aka Cultural Arts of Waco | Waco, TX | https://culturalartswaco.org

GuideStar Charity Check

EIN: 05-0616886

Contributions tax deductible
as of September 2023

IRS BMF 509(a)(1)
as of September 18, 2023

View summary

Charity Check report

Mission

TO PROMOTE MULTICULTURAL EVENTS FOR WACO AND SURROUNDING COMMUNITIES BY CELEBRATING DIVERSITY AND FOSTERING UNDERSTANDING OF CULTURAL DIFFERENCES THROUGH THE ARTS. Purpose: to celebrate and promote the community's diverse artistic and cultural life; develop and enrich its cultural capacity; and champion the economic, social, and educational benefits of the arts.

Notes from the nonprofit

We are approaching a $4million capital campaign to include the renovation of a segregated cinema in East Waco to become a neighborhood Arts Hub - ArtPlace Waco Cultural Arts Fest dba Cultural Arts of Waco has been active for the last 19 years with community arts programs and events, “Drawing People Together” through the arts. The ArtPlace Campus will continue to expand our current footprint within the community. A permanent facility that offers visual, multimedia and even culinary/garden arts for all people. A campus, tailored to fill a vacancy in supporting community needs. ArtPlace building will house visual and multimedia arts, the Yellow Cottage Kitchen will develop an untapped, marginalized, disabled community into productive employees utilizing joint efforts between our community and employers through the culinary/garden arts.

Ruling year info

2006

Principal Officer

Ms. Doreen Ravenscroft

Main address

814 Elm Avenue

Waco, TX 76704-2658 USA

Show more contact info

Formerly known as

dba Cultural Arts of Waco

EIN

05-0616886

Subject area info

Arts and culture

Cultural awareness

Community and economic development

Special population support

Population served info

Age groups

Sexual identity

Family relationships

Ethnic and racial groups

Social and economic status

NTEE code info

Arts, Cultural Organizations - Multipurpose (A20)

Cultural, Ethnic Awareness (A23)

Arts, Cultural Organizations - Multipurpose (A20)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

Reports and documents

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Branding The Brazos

Thanks to a million dollar challenge grant, WCAF instigated the project "Branding the Brazos" in Waco, with a 150% of life-size monumental sculpture "The Waco Chisholm Trail Heritage" Robert Summers, Sculptor. The final arts investment was $1.9million, sculptures include the Trail Boss, Vaquero and Drover all on horseback, and twenty-five longhorns depicting the three trails that converged in Waco at the historic Waco Suspension Bridge. The project, a collaborative effort, began in 2009 and completed in 2016. This public art brought the first tourist bus to Waco!
The sculpture dominates Indian Spring Park as it stands on the west side bank of the Brazos River and the river crossing at the Waco Suspension Bridge, popular with locals, visitors and a centerpiece for many events staged in Indian Spring Park.

Population(s) Served

Ethnic and racial groups

Religious groups

Women and girls

Men and boys

LGBTQ people

Doris Miller Memorial

Waco City Council dedicated a 2-acre site in Bledsoe-Miller Park for a public art piece honoring WWII hero Doris Miller. A jury selected the design from 27 entries, creating a local and national memorial for this African American serviceman, commemorating his bravery during Pearl Harbor and ultimate sacrifice at sea.
The project began in 2009 and dedicated in 2018. The Memorial was designed by Stan Carroll, Oklahoma City, and features a 145ft contemporary steel sculpture that represents "Many Sailors Make a Ship" and a reflection pool in remembrance of the loss of lives at sea. The Memorial includes a nine foot bronze statue of Doris Miller, and three bronze reliefs depicting the his young life, Eddie Dixon, Sculptor. The fundraising and project management was lead by Waco Cultural Arts Fest dba Cultural Arts of Waco and supported with individual donations from all over the USA, local Foundations and Businesses. $2.7 million was raised to construct the Memorial in East Waco.

Population(s) Served

Ethnic and racial groups

Religious groups

Veterans

Art at The Arc

Art at The Arc
Art at the Arc is a summer camp tailored for neuro-diverse students K-12, and it plays a crucial role in the educational outreach programs offered by Waco Cultural Arts Fest, dba Cultural Arts of Waco. Each year, we are delighted to welcome back returning campers. Witnessing their continued participation allows us to observe their growth as individuals and assess how well they retain the knowledge of the art process from one year to the next.
Our approach involves providing personalized attention to campers, working with them in small groups during sessions that last from 15 to 45 minutes. The focus of these lessons is on encouraging personal exploration and experimentation with various art materials. We guide young adults and children in understanding the use of color, shape, line, pattern, and texture while engaging in artistic activities involving paint, clay, collage, and construction projects. Zen gallery showcase https://culturalartswaco.org/zen-gallery/

The Yellow Cottage Kitchen

The Yellow Cottage Kitchen evolved from our work in collaboration with the Arc of McLennan County with young adults on the autism spectrum at the Opportunity Center and their need to be valued assets within our community of Waco, TX. Pioneering the Future of Inclusive Employment and Empathy for Neuro-Diverse Individuals we are is taking on the challenge of transforming employment opportunities for individuals with neuro-disabilities. Our journey began with a pilot program involving 20 young adults on the spectrum from 2017 to 2019, collaborating with the Opportunity Center at the Arc of McLennan County. Funding is needed to transform a cottage in East Waco into a culinary arts baking center that includes a gluten free products kitchen , a main kitchen, classroom/community space with an attached culinary garden.
As a component of the ArtPlace Campus the Yellow Cottage Kitchen will anchor our future programs for our neuro-diverse community.

Population(s) Served

Ethnic and racial groups

Social and economic status

Sexual identity

Health

Young adults

Older adults

ArtPlace

ArtPlace
-Transforming a derelict but historically significant building (built-in 1941), and eight empty lots into ArtPlace as a multicultural community arts hub focusing on youth arts education, community arts, and music and film workshops linked to public art space. From the ArtPlace Campus, radiates the hope for tomorrow. East Waco becomes a community where everyone can realize their artistic potential. A community that celebrates one another's artistic work. A community striving to tell its story.
A campus, tailored to fill a vacancy in supporting community needs. ArtPlace building will house visual and multimedia arts, the Yellow Cottage Kitchen will develop an untapped, marginalized, disabled community into productive employees utilizing joint efforts between our community and employers through the culinary/garden arts. These joint ventures between our staff and employers will provide real-world training that our community can take with them into the workforce.

Population(s) Served

Age groups

Family relationships

Social and economic status

Work status and occupations

Seniors

Where we work

Awards

Bronze Pinnacle Award 2010

International Festival & Events Association

Zenith Award 2010

Texas Festival & Events Association

External reviews

Photos

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

We shared information about our current feedback practices.

How is your organization using feedback from the people you serve?

To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals
Which of the following feedback practices does your organization routinely carry out?

We take steps to ensure people feel comfortable being honest with us
What challenges does the organization face when collecting feedback?

It is difficult to get the people we serve to respond to requests for feedback, It is difficult to get honest feedback from the people we serve

Financials

WACO CULTURAL ARTS FEST

Fiscal year: Jan 01 - Dec 31

Financial documents

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2021

SOURCE: IRS Form 990

Average of 4.53 over 10 years

Months of cash in 2021

SOURCE: IRS Form 990

Average of 6.6 over 10 years

Fringe rate in 2021

SOURCE: IRS Form 990

%

Average of 0% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

WACO CULTURAL ARTS FEST

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$188,187
Program Services	$0
Investments	$0
Special Events	$0
Sales	$2,243
Other	$0
Total Revenue	$190,430

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$2,500
Occupancy	$0
Printing, Publications, Postage, etc.	$0
Other Expenses	$149,136
Total Expenses	$151,636
Net Gain/Loss	$38,794

Revenue
Contributions	$581,719
Government Grants	$0
Program Services	$39,443
Investments	$12
Special Events	$5,261
Sales	$0
Other	$0
Total Revenue	$626,435

Expenses
Program Services	$673,353
Administration	$20,732
Fundraising	$2,873
Total Expenses	$696,958
Net Gain/Loss	($70,523)

Functional expenses
Accounting Fees	$3,000
Advertising & Promotion	$13,926
Information Technology Expenses	$135
Insurance Expenses	$1,409
Interest Expenses	$164
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$330,399
Government Grants	$0
Program Services	$41,062
Investments	$23
Special Events	$5,593
Sales	$0
Other	$0
Total Revenue	$377,077

Expenses
Program Services	$298,551
Administration	$9,636
Fundraising	$1,708
Total Expenses	$309,895
Net Gain/Loss	$67,182

Functional expenses
Accounting Fees	$3,000
Advertising & Promotion	$2,908
Information Technology Expenses	$180
Insurance Expenses	$1,309
Interest Expenses	$1,221
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$372,515
Government Grants	$0
Program Services	$40,070
Investments	$118
Special Events	$2,332
Sales	$0
Other	$0
Total Revenue	$415,035

Expenses
Program Services	$336,424
Administration	$15,156
Fundraising	$1,457
Total Expenses	$353,037
Net Gain/Loss	$61,998

Functional expenses
Accounting Fees	$3,000
Advertising & Promotion	$10,148
Information Technology Expenses	$0
Insurance Expenses	$1,328
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$344,960
Government Grants	$0
Program Services	$31,592
Investments	$251
Special Events	$7,700
Sales	$0
Other	$1,275
Total Revenue	$385,778

Expenses
Program Services	$293,638
Administration	$44,347
Fundraising	$0
Total Expenses	$337,985
Net Gain/Loss	$47,793

Functional expenses
Accounting Fees	$3,000
Advertising & Promotion	$38,939
Information Technology Expenses	$1,391
Insurance Expenses	$851
Interest Expenses	$1,056
Investment Management Fees	$61
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$273,571
Government Grants	$0
Program Services	$35,207
Investments	$113
Special Events	$10,450
Sales	$0
Other	$1,200
Total Revenue	$320,541

Expenses
Program Services	$232,735
Administration	$38,502
Fundraising	$0
Total Expenses	$271,237
Net Gain/Loss	$49,304

Functional expenses
Accounting Fees	$635
Advertising & Promotion	$14,835
Information Technology Expenses	$1,838
Insurance Expenses	$2,040
Interest Expenses	$714
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$485,372
Government Grants	$0
Program Services	$46,667
Investments	$0
Special Events	$15,585
Sales	$0
Other	$1,800
Total Revenue	$549,424

Expenses
Program Services	$91,237
Administration	$40,584
Fundraising	$0
Total Expenses	$131,821
Net Gain/Loss	$417,603

Functional expenses
Accounting Fees	$5,975
Advertising & Promotion	$6,760
Information Technology Expenses	$559
Insurance Expenses	$1,310
Interest Expenses	$1,411
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$173,671
Government Grants	$0
Program Services	$20,166
Investments	$1,018
Special Events	$25,442
Sales	$0
Other	$0
Total Revenue	$220,297

Expenses
Program Services	$285,776
Administration	$18,203
Fundraising	$0
Total Expenses	$303,979
Net Gain/Loss	($83,682)

Functional expenses
Accounting Fees	$1,945
Advertising & Promotion	$21,183
Information Technology Expenses	$0
Insurance Expenses	$1,698
Interest Expenses	$1,367
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$187,989
Government Grants	$0
Program Services	$16,808
Investments	$504
Special Events	$21,170
Sales	$0
Other	$0
Total Revenue	$226,471

Expenses
Program Services	$405,552
Administration	$11,779
Fundraising	$0
Total Expenses	$417,331
Net Gain/Loss	($190,860)

Functional expenses
Accounting Fees	$3,120
Advertising & Promotion	$23,046
Information Technology Expenses	$0
Insurance Expenses	$1,669
Interest Expenses	$2,893
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,146,526
Government Grants	$0
Program Services	$8,193
Investments	$145
Special Events	$25,188
Sales	$0
Other	$0
Total Revenue	$1,180,052

Expenses
Program Services	$2,135,487
Administration	$11,587
Fundraising	$8,193
Total Expenses	$2,155,267
Net Gain/Loss	($975,215)

Functional expenses
Accounting Fees	$4,690
Advertising & Promotion	$14,981
Information Technology Expenses	$0
Insurance Expenses	$1,668
Interest Expenses	$4,171
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,586,349
Government Grants	$0
Program Services	$7,870
Investments	$165
Special Events	$10,577
Sales	$0
Other	$0
Total Revenue	$1,604,961

Expenses
Program Services	$442,957
Administration	$25,292
Fundraising	$0
Total Expenses	$468,249
Net Gain/Loss	$1,136,712

Functional expenses
Accounting Fees	$21,995
Advertising & Promotion	$18,650
Information Technology Expenses	$0
Insurance Expenses	$1,681
Interest Expenses	$4,432
Investment Management Fees	$0
Legal Fees	$2,000
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$127,264
Program Services	$2,134
Investments	$135
Special Events	$2,172
Sales	$0
Other	$4,250
Total Revenue	$135,955

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$9,785
Occupancy	$7,013
Printing, Publications, Postage, etc.	$0
Other Expenses	$56,082
Total Expenses	$72,880
Net Gain/Loss	$63,075

Revenue
Contributions	$173,860
Program Services	$5,772
Investments	$124
Special Events	$1,779
Sales	$0
Other	$3,600
Total Revenue	$185,135

Expenses
Grants	$400
Salaries & Employee Benefits	$0
Professional Fees	$7,495
Occupancy	$20,576
Printing, Publications, Postage, etc.	$0
Other Expenses	$182,843
Total Expenses	$211,314
Net Gain/Loss	($26,179)

WACO CULTURAL ARTS FEST

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jan 01, 2008	Dec 31, 2008	Change
Contributions	$188,187
Cash & Equivalents	$9,822	$46,909	$37,087
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$7,000	$7,000
Total Assets	$9,822	$53,909	$44,087

Liabilities	Jan 01, 2008	Dec 31, 2008	Change
Total Liabilities	$0	$5,000	$5,000

Fund balance	Jan 01, 2008	Dec 31, 2008	Change
Net Assets	$9,822	$48,909	$39,087

Assets	Jan 01, 2010	Dec 31, 2010	Change
Contributions	$581,719
Cash & Equivalents	$26,349	$10,539	($15,810)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$736	$0	($736)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$3,044	$4,915	$1,871
Other	$51,491	$18,737	($32,754)
Total Assets	$81,620	$34,191	($47,429)

Liabilities	Jan 01, 2010	Dec 31, 2010	Change
Accounts Payable	$0	$3,094	$3,094
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$20,000	$20,000
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$23,094	$23,094

Fund balance	Jan 01, 2010	Dec 31, 2010	Change
Temporarily Restricted Net Assets	$81,592	$18,737	-$62,855
Permanently Restricted Net Assets	$575	$1,265	$690
Total Restricted Net Assets	$82,167	$20,002	($62,165)
Unrestricted Net Assets	($547)	($8,905)	($8,358)
Net Assets	$81,620	$11,097	($70,523)

Assets	Jan 01, 2011	Dec 31, 2011	Change
Contributions	$330,399
Cash & Equivalents	$10,539	$44,846	$34,307
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$36,213	$36,213
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$4,915	$2,702	($2,213)
Other	$18,737	$20,290	$1,553
Total Assets	$34,191	$104,051	$69,860

Liabilities	Jan 01, 2011	Dec 31, 2011	Change
Accounts Payable	$3,094	$4,272	$1,178
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$20,000	$21,500	$1,500
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$23,094	$25,772	$2,678

Fund balance	Jan 01, 2011	Dec 31, 2011	Change
Temporarily Restricted Net Assets	$18,737	$20,290	$1,553
Permanently Restricted Net Assets	$1,265	$1,650	$385
Total Restricted Net Assets	$20,002	$21,940	$1,938
Unrestricted Net Assets	($8,905)	$56,339	$65,244
Net Assets	$11,097	$78,279	$67,182

Assets	Jan 01, 2012	Dec 31, 2012	Change
Contributions	$372,515
Cash & Equivalents	$44,846	$95,448	$50,602
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$36,213	$32,798	($3,415)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$2,702	$1,098	($1,604)
Other	$20,290	$30,433	$10,143
Total Assets	$104,051	$159,777	$55,726

Liabilities	Jan 01, 2012	Dec 31, 2012	Change
Accounts Payable	$4,272	$0	($4,272)
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$21,500	$19,500	($2,000)
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$25,772	$19,500	($6,272)

Fund balance	Jan 01, 2012	Dec 31, 2012	Change
Temporarily Restricted Net Assets	$20,290	$30,433	$10,143
Permanently Restricted Net Assets	$1,650	$1,720	$70
Total Restricted Net Assets	$21,940	$32,153	$10,213
Unrestricted Net Assets	$56,339	$108,124	$51,785
Net Assets	$78,279	$140,277	$61,998

Assets	Jan 01, 2013	Dec 31, 2013	Change
Contributions	$344,960
Cash & Equivalents	$95,448	$84,868	($10,580)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$32,798	$87,298	$54,500
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$1,098	$1,953	$855
Other	$30,433	$30,445	$12
Total Assets	$159,777	$204,564	$44,787

Liabilities	Jan 01, 2013	Dec 31, 2013	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$19,500	$16,650	($2,850)
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$19,500	$16,650	($2,850)

WACO CULTURAL ARTS FEST

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of WACO CULTURAL ARTS FEST’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2015	2016	2017	2018	2019
Unrestricted surplus (deficit) before depreciation	$417,633	-$65,598	-$371,965	$1,955	$1,419
As % of expenses	318.1%	-21.7%	-89.6%	0.1%	0.3%
Unrestricted surplus (deficit) after depreciation	$417,103	-$67,083	-$373,936	$273	-$95
As % of expenses	316.4%	-22.1%	-89.6%	0.0%	0.0%

Revenue composition
Total revenue (unrestricted & restricted)	$549,424	$220,297	$226,471	$1,180,052	$1,604,961
Total revenue, % change over prior year	71.4%	-59.9%	2.8%	421.1%	36.0%
Program services revenue	8.5%	9.2%	7.4%	0.7%	0.5%
Membership dues	0.2%	0.0%	0.5%	0.1%	0.3%
Investment income	0.0%	0.5%	0.2%	0.0%	0.0%
Government grants	0.0%	0.0%	0.0%	0.0%	0.0%
All other grants and contributions	91.0%	90.3%	91.9%	99.2%	99.2%
Other revenue	0.3%	0.0%	0.0%	0.0%	0.0%

Expense composition
Total expenses before depreciation	$131,291	$302,494	$415,360	$2,153,585	$466,735
Total expenses, % change over prior year	-51.4%	130.4%	37.3%	418.5%	-78.3%
Personnel	0.0%	0.0%	0.0%	0.0%	0.0%
Professional fees	26.7%	10.6%	15.0%	1.8%	11.6%
Occupancy	18.1%	11.1%	5.1%	0.4%	1.7%
Interest	1.1%	0.5%	0.7%	0.2%	0.9%
Pass-through	0.0%	0.0%	0.0%	0.0%	0.0%
All other expenses	54.1%	77.8%	79.2%	97.6%	85.8%

Full cost components (estimated)	2015	2016	2017	2018	2019
Total expenses (after depreciation)	$131,821	$303,979	$417,331	$2,155,267	$468,249
One month of savings	$10,941	$25,208	$34,613	$179,465	$38,895
Debt principal payment	$0	$2,000	$2,004	$0	$1,250
Fixed asset additions	$0	$3,894	$0	$1,950	$0
Total full costs (estimated)	$142,762	$335,081	$453,948	$2,336,682	$508,394

Capital structure indicators

Liquidity	2015	2016	2017	2018	2019
Months of cash	37.4	12.6	0.4	0.1	0.2
Months of cash and investments	37.4	12.6	0.4	0.1	0.2
Months of estimated liquid unrestricted net assets	56.8	13.4	-1.0	-0.2	-0.9

Balance sheet composition	2015	2016	2017	2018	2019
Cash	$409,287	$318,228	$15,347	$16,987	$6,187
Investments	$0	$0	$0	$0	$0
Receivables	$239,272	$51,885	$2,250	$250	$12,500
Gross land, buildings, equipment (LBE)	$10,484	$19,378	$19,378	$21,328	$21,328
Accumulated depreciation (as a % of LBE)	95.5%	61.9%	72.1%	73.4%	80.5%
Liabilities (as a % of assets)	3.6%	8.7%	24.8%	1726.6%	13.0%
Unrestricted net assets	$621,957	$344,680	-$29,256	-$28,983	-$29,078
Temporarily restricted net assets	$31,848	$213	$131,904	-$843,584	N/A
Permanently restricted net assets	$2,420	$0	$0	$0	N/A
Total restricted net assets	$34,268	$213	$131,904	-$843,584	$293,223
Total net assets	$656,225	$344,893	$102,648	-$872,567	$264,145

Key data checks

Key data checks	2015	2016	2017	2018	2019
Material data errors	No	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination

Form 1023/1024

Principal Officer

Ms. Doreen Ravenscroft

Born in the UK. 1976 moved to USA with husband William Ravenscroft to M&M Mars Hackettstown, New Jersey. Moved to Waco in 1979. Board service: Art Center Waco, Trustee & Chairman of the Board, Waco ISD Foundation, AJ Moore Advisory Board. Committees Waco Women's Symphony Guild, Historic Waco Fort House, Community Race Relations Coalition. 1997- 2003 co-chaired Open Door Arts Fest, 2000 co- chaired "Wacows", a public art exhibition. 1982 founded an event design company in Waco. Founder: Waco Cultural Arts Fest, Waco National Outdoor Sculpture Exhibition, Art at the Arc for students with autism and cerebral palsy; project manager: $1.9 million Waco Chisholm Trail Heritage; $2.8million Doris Miller Memorial. Awards - 2001 American Fundraising Professionals Volunteer Award of the Year. 2006 Zambelli Internationale Volunteer of the Year award International Festival & Events Association, 2007 Make a Difference award for the Arts Waco, 2011 Waco Foundation Ruth & Lawrence McMillan arts award

Number of employees

Source: IRS Form 990

WACO CULTURAL ARTS FEST

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

WACO CULTURAL ARTS FEST

Board of directors
as of 08/01/2023

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board co-chair

Doreen Ravenscroft

Waco Cultural Arts Fest

Term: 2023 - 2021

Board co-chair

Hollingsworth

Salon DaDa

Term: 2019 - 2021

Brandy Abel-Clark

Great Expectations

Sugako Stone

Community Volunteer

Carla Dotson

The Boardwalk

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? No
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 7/28/2023

Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity

White/Caucasian/European

Gender identity

Female, Not transgender (cisgender)

Sexual orientation

Heterosexual or straight

Disability status

Person without a disability

Race & ethnicity

Gender identity

Sexual orientation

Disability

We do not display disability information for organizations with fewer than 15 staff.

Equity strategies

Last updated: 07/28/2023

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data

We disaggregate data by demographics, including race, in every policy and program measured.

Policies and processes

We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
We have community representation at the board level, either on the board itself or through a community advisory board.
We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.

WACO CULTURAL ARTS FEST

Drawing People Together

Mission

Is this your nonprofit?

Programs and results

Reports and documents

What we aim to solve

This profile needs more info.

Our programs

Branding The Brazos

Doris Miller Memorial

Art at The Arc

The Yellow Cottage Kitchen

ArtPlace

Where we work

Awards

Our Sustainable Development Goals

How we listen

Financials

Financial documents

Revenue vs. expenses: breakdown

Liquidity in 2021 info

Months of cash in 2021 info

Fringe rate in 2021 info

%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

WACO CULTURAL ARTS FEST

WACO CULTURAL ARTS FEST

WACO CULTURAL ARTS FEST

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Principal Officer

Ms. Doreen Ravenscroft

Number of employees

WACO CULTURAL ARTS FEST

Compensation data

WACO CULTURAL ARTS FEST

Board of directors data

Doreen Ravenscroft

Hollingsworth

Board leadership practices

Board orientation and education

CEO oversight

Ethics and transparency

Board composition

Board performance

Organizational demographics

Leadership

Race & ethnicity

Gender identity

Sexual orientation

Disability

Equity strategies

Liquidity in 2021

Months of cash in 2021

Fringe rate in 2021

Funding sources

Assets & liabilities