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Texas · Nonprofit

BABES FEST INC

BABES FEST INC (Texas) receives grants from 9 organizations whose IRS filings report $369,824 to it, the largest being GREATER AUSTIN PERFORMING ARTS CENTER INC ($152,000). 2 of them have funded it in more than one year.

Revenue FY2024
$490k
Funders on record
9
Grants received
$370k
Net assets
$74k
2/9 repeat funderspeak grant-dependency 28%
01What it does

What Babes Fest Inc does

Mission

To promote gender equity in creative communities in texas through festivals, markets, exhibitions, workshops and artistic programming.

As stated on its FY2024 Form 990.

Programs

  1. We hosted 100+ free creative community gatherings at the future front house - from craft workshops and art shows (including madly involved, a path of impermanence and bring it from the back) to panels and performances. We were also able to waive our sliding scale rental fees for austin residents nearly 75% of the time. This is something weve been working towards for 10 years! We presented 25+ community partnerships for free arts healing and creative education workshops, like broad studios clubhouses ceramics fellowship (which provided 16 austin residents with free six-week ceramics programs) and black girls in art spaces x anga haus palette to pixel workshop (which provided free augmented reality training). (continued on schedule o)

    $143,903 spent$313,887 earned by the program
    45% of program spending
  2. Across the front markets spring and fall seasons, we exhibited 437 independent creatives, designers, makers, artists, small business owners and chefs from texas. We also took the front market to our largest public venue yet - waterloo greenway - in downtown austin. This was a landmark moment for our team and the future of the program.

    $136,563 spent$136,563 earned by the program
    43% of program spending
  3. The front festival had another record-breaking year, supporting 65 women and lgbtq+ artists and 1300 visitors across four days of independent music, film and art.

    $34,198 spent$34,198 earned by the program
    11% of program spending
  4. Through the the work conference, we brought together 300+ creative leaders in austin to skill-build and resource-share around community-building, small business education, storytelling and adaptive leadership.

    $5,325 spent$5,325 earned by the program
    2% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $319,989.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($217k) Expenses 100 ($208k) Net assets 100 ($21k)2020 Revenue 96 ($209k) Expenses 107 ($222k) Net assets 35 ($7k)2021 Revenue 157 ($341k) Expenses 145 ($303k) Net assets 217 ($45k)2022 Revenue 143 ($310k) Expenses 166 ($346k) Net assets 43 ($9k)2023 Revenue 158 ($343k) Expenses 168 ($350k) Net assets 11 ($2k)2024 Revenue 226 ($490k) Expenses 201 ($419k) Net assets 356 ($74k)
201920202021202220232024
Revenue (226)Expenses (201)Net assets (356)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $20k to $88k (+350%).

$21k
$32k
$65k
$27k
$20k
$88k
201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 3% · 2020 13% · 2021 15% · 2023 23% · 2024 26%. Grants only. Government contracts and fees sit inside program revenue.

80% of BABES FEST INC’s revenue is contributions — more donation-reliant than the typical peer (64% for the typical peer).

This organization
Typical peer · 19,618 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 6 reported years ran a deficit.

$9k
’19
−$14k
’20
$38k
’21
−$36k
’22
−$7k
’23
$71k
’24
2.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Jane Hervey

Founding executive director

Board chair

Xochi Solis

Board president

As listed on its FY2024 Form 990.

201920202021202220232024
Listed467744
Joined·+2+2+4+0+0
No longer listed·01430
03Who funds it

Who funds it, year by year

2020 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $30k → $18k.

3 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 5% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of BABES FEST INC’s funders (the co-funder graph). Top 8 of 9 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BABES FEST INC leans on a few funders — its largest provides 41% of grant income and the top three 79%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BABES FEST INC.

41%
largest funder
79%
top three
~4
effective funders

Largest funder’s share by year: 2020 67% · 2021 79% · 2022 100% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

25% of BABES FEST INC's funders are still giving 1 year after their first grant; 22% give in more than one year at all.

first grant+1y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

55% of BABES FEST INC's grant income comes from Texas funders.

NY
DE
DC
GA
TX

In-state vs out-of-state, by year

’20
’21
’23
Texas out of state home

Funder states come from each funder’s own filing. $20k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BABES FEST INC runs a healthier operating margin than half of the 17,953 arts & culture nonprofits its size.

Operating margin15% · above the median
Months of reserve2.5mo · below the median
Revenue growth (annualized)18% · above the median

this organization peer median middle 50% of peers· 17,953 arts & culture nonprofits $100k–$1M, FY2024

Organizations like BABES FEST INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

76% of spending goes to programs.

Program 76%Management 19%Fundraising 4%

Governance

3
board members
67%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for BABES FEST INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BABES FEST INC?
BABES FEST INC (Texas) receives grants from 9 organizations whose IRS filings report $369,824 to it, the largest being GREATER AUSTIN PERFORMING ARTS CENTER INC ($152,000). 2 of them have funded it in more than one year.
How many funders does BABES FEST INC have?
IRS filings report 9 organizations giving $369,824 in grants to BABES FEST INC, 2 of which have funded it in more than one year.
Who is the largest funder of BABES FEST INC?
GREATER AUSTIN PERFORMING ARTS CENTER INC is the largest funder on record, with $152,000 in grants. The full list of funders is on this page.
How can an organization like BABES FEST INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Babes Fest →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 9 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing