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Texas · Nonprofit

MULTIPURPOSE ARENA FORT WORTH

MULTIPURPOSE ARENA FORT WORTH (Texas) receives grants from 3 organizations whose IRS filings report $18,614,448 to it, the largest being The Philecology Foundation ($17,601,688). 3 of them have funded it in more than one year.

Revenue FY2025
$95M
Funders on record
3
Grants received
$19M
Net assets
$39M
3/3 repeat fundersgrants exceed reported revenue in one year
01What it does

What Multipurpose Arena Fort Worth does

Mission

Multipurpose Arena Fort Worth is organized and operated for the purposes of lessening the burdens of the city of fort worth, texas, and encouraging agricultural pursuits by managing, operating and otherwise supporting the operation of facilities owned by the city.

As stated on its FY2025 Form 990.

Program

  1. Multipurpose Arena Fort Worth is organized and operated for the purposes of lessening the burdens of the city of fort worth, texas, and encouraging agricultural pursuits, and to do so without undue financial costs or risks to the city and its residents. Specifically, the corporation leases, manages and operates the city owned multipurpose arena that opened in october 2019 adjacent to the will rogers memorial center of fort worth. In addition, the corporation may also manage, operate, and/or otherwise support the operation of other facilities adjacent to the multipurpose arena, including garage and surface parking facilities and will rogers memorial center facilities, as well as other facilities owned by event facilities fort worth, inc., a 501(c)(3) organization, and by the city of fort worth.

    $65,098,003 spent$77,272,464 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $65,098,003.

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 0 ($0) Expenses 100 ($770k) Net assets -6 ($-769860)2018 Revenue -424 ($-214704) Expenses 292 ($2.3M) Net assets -26 ($-3234795)2019 Revenue 100 ($51k) Expenses 668 ($5.1M) Net assets -67 ($-8324613)2020 Revenue 57443 ($29M) Expenses 3940 ($30M) Net assets -160 ($-19796967)2021 Revenue 49954 ($25M) Expenses 3594 ($28M) Net assets -179 ($-22182806)2022 Revenue 124102 ($63M) Expenses 7049 ($54M) Net assets -110 ($-13635134)2023 Revenue 157747 ($80M) Expenses 8936 ($69M) Net assets -21 ($-2586147)2024 Revenue 184931 ($94M) Expenses 10216 ($79M) Net assets 100 ($12M)2025 Revenue 187332 ($95M) Expenses 8894 ($68M) Net assets 312 ($39M)
'17'18'19'20'21'22'23'24'25
Revenue (187332)Expenses (8894)Net assets (312)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 2019 to 2020, from $38M to $87M (+127%).

$3.7M
$6.2M
$38M
$87M
$94M
$113M
$129M
$135M
$167M
'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: 2021 5% · 2022 3%. Grants only. Government contracts and fees sit inside program revenue.

16% of MULTIPURPOSE ARENA FORT WORTH’s revenue is contributions — more donation-reliant than the typical peer (10% for the typical peer).

This organization
Typical peer · 330 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$770k
’17
−$2.5M
’18
−$5.1M
’19
−$1.3M
’20
−$2.4M
’21
$8.5M
’22
$11M
’23
$15M
’24
$26M
’25
18
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

Edward P Bass

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed101115151316161718
Joined·+1+6+2+1+4+4+3+2
No longer listed·02231421
03Who funds it

Who funds it, year by year

2019 → 2023: the base held at 1 funder, grant income rose $500k → $1.1M.

Funder
'19
'20
'22
'23
'24*
'25*
total
funders
1
2
1
1
2
1

From the IRS filings of MULTIPURPOSE ARENA FORT WORTH’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

MULTIPURPOSE ARENA FORT WORTH leans on a few funders — its largest provides 95% 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

95%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2019 100% · 2020 95% · 2022 100% · 2023 100% — 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.

Where its funders are

100% of MULTIPURPOSE ARENA FORT WORTH's grant income comes from Texas funders.

TX

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

’19
’20
’22
’23
Texas out of state home

Funder states come from each funder’s own filing. 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

MULTIPURPOSE ARENA FORT WORTH runs a healthier operating margin than three-quarters of the 164 recreation & sports nonprofits its size.

Operating margin28% · top quartile
Months of reserve18.1mo · top quartile
Revenue growth (annualized)251% · top quartile

this organization peer median middle 50% of peers· 164 recreation & sports nonprofits $10M–$100M, FY2025

Organizations like MULTIPURPOSE ARENA FORT WORTH

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

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

92%

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

Footprint & structure

Part of a family of 1 related entity

  • Trail Drive Management Corp Parking LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for MULTIPURPOSE ARENA FORT WORTH: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 MULTIPURPOSE ARENA FORT WORTH?
MULTIPURPOSE ARENA FORT WORTH (Texas) receives grants from 3 organizations whose IRS filings report $18,614,448 to it, the largest being The Philecology Foundation ($17,601,688). 3 of them have funded it in more than one year.
How many funders does MULTIPURPOSE ARENA FORT WORTH have?
IRS filings report 3 organizations giving $18,614,448 in grants to MULTIPURPOSE ARENA FORT WORTH, 3 of which have funded it in more than one year.
Who is the largest funder of MULTIPURPOSE ARENA FORT WORTH?
The Philecology Foundation is the largest funder on record, with $17,601,688 in grants. The full list of funders is on this page.
How can an organization like MULTIPURPOSE ARENA FORT WORTH 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 Multipurpose Arena Fort Worth →

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 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