Texas · Nonprofit
K SPACE CONTEMPORARY
K SPACE CONTEMPORARY (Texas) receives grants from 3 organizations whose IRS filings report $175,260 to it, the largest being American Electric Power Foundation ($115,000). 3 of them have funded it in more than one year.
- Revenue FY2024
- $391k
- Funders on record
- 3
- Grants received
- $175k
- Net assets
- $121k
What K Space Contemporary does
Mission
Education & promotion of cultural fine arts to the local communities
As stated on its FY2024 Form 990.
Programs
Exhibition of innovative contemporary art by local emerging & mid-career artists for the purpose of promoting their work and providing educational programs including a forum for new art forms. Featured exhibitions were held in various galleries held in january through december with visitors of approx. 27,300.
$53,277 spent$10,753 earned by the program18% of program spendingCultural events are held to promote culture through the work of local artists, musicians and performers and to make it accessible to the general public. The dia de los muertos festival normally held in nov is an annual outdoor festival that covers 10 city blocks and features demonstrations by the art departments of local colleges, an art exhibition, educational workshops, an art expo with arts & craft vendors, food vendors and musicians and other performers. An estimated 20,800 visitors attended the festival.
$182,951 spent$73,685 earned by the program63% of program spendingEducational programs offer opportunity to anyone interested in learning about art as well as those trying to improve their art skills. The programs bring hands-on multi-disciplinary art projects classes in mural arts, cultural dance, drawing, painting,and papier mache. Gallery lectures, demonstrations and workshops are held thoughout the year by exhibiting artists and available to all ages. 2024 education programs included summer mural art program for teens, senior outreach, art lab for teens, k-12 outreach classes; a total of 3,600 students participated.
$55,804 spent$660 earned by the program19% of program spending
The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $292,032.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $86k to $130k (+52%).
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.
Government-grant reliance: 2017 23% · 2018 10% · 2019 5% · 2020 12% · 2021 45% · 2022 15% · 2023 12% · 2024 16%. Grants only. Government contracts and fees sit inside program revenue.
61% of K SPACE CONTEMPORARY’s revenue is contributions — about as donation-reliant as the typical peer (64% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
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
Jennifer Arnold
Art chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2020 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $146 → $45k.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% 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: $38k from one payer (the payer shares this organization's board, largest Coastal Bend Community Foundation). These are real filings, and they are not money K SPACE CONTEMPORARY raised.
From the IRS filings of K SPACE CONTEMPORARY’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
K SPACE CONTEMPORARY leans on a few funders — its largest provides 66% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2020 100% · 2021 100% · 2022 67% · 2023 56% — diversifying over time.
“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.
Where its funders are
K SPACE CONTEMPORARY draws 66% of its grant income from funders outside Texas, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $260 arriving through sponsors registered in 1 state 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.
Against its field
K SPACE CONTEMPORARY's funding base is broadening — from 1 funders to 3 as grant income climbed.
this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024
Government funding K SPACE CONTEMPORARY receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $105k on record.
- National Endowment for the Arts$105k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like K SPACE CONTEMPORARY
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
74% of spending goes to programs.
Governance
Public support
98%
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 K SPACE CONTEMPORARY: 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.
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 K SPACE CONTEMPORARY?
- K SPACE CONTEMPORARY (Texas) receives grants from 3 organizations whose IRS filings report $175,260 to it, the largest being American Electric Power Foundation ($115,000). 3 of them have funded it in more than one year.
- How many funders does K SPACE CONTEMPORARY have?
- IRS filings report 3 organizations giving $175,260 in grants to K SPACE CONTEMPORARY, 3 of which have funded it in more than one year.
- Who is the largest funder of K SPACE CONTEMPORARY?
- American Electric Power Foundation is the largest funder on record, with $115,000 in grants. The full list of funders is on this page.
- How can an organization like K SPACE CONTEMPORARY 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 K Space Contemporary →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3 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