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Texas · Nonprofit

FORT WORTH ART ASSOCIATION

FORT WORTH ART ASSOCIATION (Texas) receives grants from 19 organizations whose IRS filings report $12,411,572 to it, the largest being BURNETT FOUNDATION ($9,090,801). 11 of them have funded it in more than one year.

Revenue FY2025
$21M
Funders on record
19
Grants received
$12M
Net assets
$109M
11/19 repeat funderspeak grant-dependency 17%
01What it does

What Fort Worth Art Association does

Mission

The fort worth art assocation, a texas non-profit corporation, was established to acquire a collection of works of modern art of the highest quality and to promulgate and maintain a program of art activities and art education in fort worth, texas, for public use and benefit. The association strives to provide educational enjoyment in modern art, to preserve the art holdings of the association and to create public appreciation for such art by its appropriate display.

As stated on its FY2025 Form 990.

Program

  1. The Fort Worth Art Association was established to acquire a collection of works of modern art of the highest quality and to promulgate and maintain a program of art activities and art education in fort worth, texas, for public use and benefit.

    $11,691,683 spentof which $150,000 as grants$807,266 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $11,691,683.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($14M) Expenses 100 ($14M) Net assets 100 ($64M)2018 Revenue 98 ($14M) Expenses 103 ($14M) Net assets 103 ($66M)2019 Revenue 121 ($18M) Expenses 120 ($16M) Net assets 106 ($68M)2020 Revenue 87 ($13M) Expenses 97 ($13M) Net assets 104 ($67M)2021 Revenue 93 ($13M) Expenses 120 ($16M) Net assets 116 ($74M)2022 Revenue 115 ($17M) Expenses 91 ($12M) Net assets 110 ($70M)2023 Revenue 128 ($19M) Expenses 122 ($17M) Net assets 116 ($75M)2024 Revenue 130 ($19M) Expenses 160 ($22M) Net assets 148 ($95M)2025 Revenue 145 ($21M) Expenses 126 ($17M) Net assets 170 ($109M)
'17'18'19'20'21'22'23'24'25
Revenue (145)Expenses (126)Net assets (170)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 $75M to $95M (+26%).

$65M
$67M
$70M
$67M
$75M
$71M
$75M
$95M
$109M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 6%. Grants only. Government contracts and fees sit inside program revenue.

50% of FORT WORTH ART ASSOCIATION’s revenue is contributions — about as donation-reliant as the typical peer (58% for the typical peer).

This organization
Typical peer · 812 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$868k
’17
$60k
’18
$1.3M
’19
−$634k
’20
−$3.0M
’21
$4.2M
’22
$1.9M
’23
−$2.9M
’24
$3.9M
’25
6.6
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.

Board chair

Marsland Moncrief

Chairman of the board

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed958988857672767775
Joined·+3+3+3+4+0+5+3+1
No longer listed·946134123
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 7 funders, grant income rose $1.4M → $1.5M.

5 of 19 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $90M from 2 payers (an institutional transfer, not a grant programme, largest Fort Worth Art Association Endowment Foundation); $1.5M from 5 payers (the payer shares this organization's board, largest Arts Council of Fort Worth and Tarrant County Inc). These are real filings, and they are not money FORT WORTH ART ASSOCIATION raised.

From the IRS filings of FORT WORTH ART ASSOCIATION’s funders (the co-funder graph). 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

FORT WORTH ART ASSOCIATION leans on a few funders — its largest provides 73% of grant income and the top three 92%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

73%
largest funder
92%
top three
~2
effective funders

Largest funder’s share by year: 2017 90% · 2018 87% · 2019 89% · 2020 58% · 2021 49% · 2022 94% · 2023 90% — broadly stable.

“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

46% of FORT WORTH ART ASSOCIATION's funders are still giving 3 years after their first grant; 58% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

92% of FORT WORTH ART ASSOCIATION's grant income comes from Texas funders.

IL
NY
DE
AR
NC
TX

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

’17
’18
’19
’20
’21
’22
’23
Texas out of state home

Funder states come from each funder’s own filing. $392k arriving through sponsors registered in 4 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

FORT WORTH ART ASSOCIATION holds deeper cash reserves than three-quarters of the 550 arts & culture nonprofits its size.

Operating margin18% · above the median
Months of reserve6.6mo · top quartile
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 550 arts & culture nonprofits $10M–$100M, FY2025

Organizations like FORT WORTH ART ASSOCIATION

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

68% of spending goes to programs.

Program 68%Management 32%Fundraising 0%

Governance

66
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

23%

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

Footprint & structure

Part of a family of 3 related entities

  • Fort Worth Modern Art Museum Association · exempt
  • Mpa Foundation · exempt
  • Fort Worth Art Association Endowment Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for FORT WORTH ART ASSOCIATION: 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 FORT WORTH ART ASSOCIATION?
FORT WORTH ART ASSOCIATION (Texas) receives grants from 19 organizations whose IRS filings report $12,411,572 to it, the largest being BURNETT FOUNDATION ($9,090,801). 11 of them have funded it in more than one year.
How many funders does FORT WORTH ART ASSOCIATION have?
IRS filings report 19 organizations giving $12,411,572 in grants to FORT WORTH ART ASSOCIATION, 11 of which have funded it in more than one year.
Who is the largest funder of FORT WORTH ART ASSOCIATION?
BURNETT FOUNDATION is the largest funder on record, with $9,090,801 in grants. The full list of funders is on this page.
How can an organization like FORT WORTH ART ASSOCIATION 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 19 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 14, 2026. What this page cannot tell you · view filing