Southwest School Of Art in San Antonio, Texas (TX)

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Southwest School Of Art
Employer Identification Number (EIN)746068932
Name of OrganizationSouthwest School Of Art
Address300 Augusta St, San Antonio, TX 78205-1216
ActivitiesOther cultural or historical activities, Other school related activities
SubsectionCharitable Organization, Educational Organization
Ruling Date08/1965
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period07/2014
Assets$10,000,000 to $49,999,999
Income$5,000,000 to $9,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$26,519,665
Amount of Income$8,204,618
Form 990 Revenue Amount$5,348,524
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Arts Education


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Amount of income in 2014: $8,204,618 (it was $7,407,245 in 2013)
Southwest School Of Art: 

 $8,204,618
Other organizations performing similar types of work: 

 $206,067

Assets in 2014: $26,519,665 (it was $24,921,384 in 2013)
Southwest School Of Art: 

 $26,519,665
Other organizations performing similar types of work: 

 $109,929

Expenses in 2014: $4,941,180
This organization: 

 $4,941,180
Other organizations performing similar types of work: 

 $240,853

Income to expenses ratio in 2014: 1.7
This organization: 

 1.7
Other organizations performing similar types of work: 

 1.0

Number of employees in 2014: 165
Southwest School Of Art: 

 165
Other organizations performing similar types of work: 

 10

Employees paid over $100,000 in 2014: 1.2%
This organization: 

 1.2%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2014: 57.1%
This organization: 

 57.1%
Other organizations performing similar types of work: 

 45.8%

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Functional expenses for 2014

Support schedule

Checklist
201220132014
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?YesYes
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?YesYes
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoNo
Did the organization obtain separate, independent audited financial statements for the tax year?YesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?YesYes
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?YesYes
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?YesYes
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?YesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
2011201220132014
The number reported in Box 3 of Form 10967390
The number of Forms W-2G10
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return179165
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?YesYesYesYes
Has it filed a Form 990-T for this year?YesYes
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?YesYes
Did the organization notify the donor of the value of the goods or services provided?YesYes
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities $0$0$0$0
Gross income from members or shareholders$0$0$0$0
Gross income from other sources$0$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
201220132014
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$148,824$152,746
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$39,500$40,500
Total number of individuals who received more than $100,000 of reportable compensation from the organization11
Total number of independent contractors who received more than $100,000 of compensation from the organization01
Statement of Revenue
2011201220132014
Total revenue$6,210,575$4,697,042$5,105,606$5,348,524
Contributions, Gifts, Grants and Other Similar Amounts$3,791,757$2,456,135$3,011,316$3,054,620
Program Service Revenue$1,171,213$795,724$771,949$735,446
Fine Arts Schools $771,949$735,446
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$248,429$272,264$229,552$284,528
Income from investment of tax-exempt bond proceeds$0$0$0$0
Royalties$0$0$0$0
Net rental income$522,203$482,136$544,647$479,943
Gross rents (Real / Personal)$522,203 / $0$482,136 / $0$544,647 / $0$479,943 / $0
Less: rental expenses (Real / Personal)$0 / $0$0 / $0$0 / $0$0 / $0
Rental income or (loss) (Real / Personal)$522,203 / $0$482,136 / $0$544,647 / $0$479,943 / $0
Net gain/loss from sales of assets other than inventory$70,035$189,368$84,469$297,354
Gross amount from sales of assets other than inventory (Securities / Other)$808,423 / $0$3,632,498 / $0$2,131,452 / $0$2,895,480 / $0
Less: cost or other basis and sales expenses (Securities / Other)$738,388 / $0$3,443,130 / $0$2,046,983 / $0$2,598,126 / $0
Gain or (loss) (Securities / Other)$70,035 / $0$189,368 / $0$84,469 / $0$297,354 / $0
Net income/loss from fundraising events$349,697$404,339$361,482$379,931
Gross income from fundraising events$572,571$651,746$616,138$637,899
Less: direct expenses$222,874$247,407$254,656$257,968
Net income/loss from gaming activities$0$0$0$0
Net income/loss from sales of inventory$0$0$0$0
Miscellaneous Revenue$57,241$97,076$102,191$116,702
532000$70,080$73,000
All other revenue$32,111$43,702
Statement of Functional Expenses
2011201220132014
Total functional expenses$3,998,883$4,359,600$4,545,685$4,941,180
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$64,313$61,417
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$164,370$169,233$148,824$152,746
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$1,371,204$1,687,308$1,966,877$2,087,517
Pension plan accruals and contributions$41,540$45,462
Other employee benefits$233,912$224,873
Payroll taxes$126,643$163,025$171,852$175,741
Fees for services (non-employees)
Management$0$0
Legal$0$0
Accounting$0$0
Lobbying$0$0
Professional fundraising services$0$0$0$0
Investment management fees$0$0
Other$4,084$350
Advertising and promotion$44,296$47,253
Office expenses$51,213$65,104
Information technology$57,179$53,575
Royalties$0$0
Occupancy$0$0
Travel$0$0
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$0$0
Interest$47,578$46,356
Payments to affiliates$0$0
Depreciation, depletion, and amortization$715,912$828,784
Insurance$66,493$78,103
Other expenses$222,992$249,695
Other expenses$146,180$179,012
Other expenses$113,220$135,114
Other expenses$96,697$112,499
Other expenses$352,523$397,579
Balance Sheet
2011201220132014
Total assets$22,569,498$23,029,381$24,921,384$26,519,665
Cash - non-interest-bearing$1,562,328$1,894,863
Savings and temporary cash investments$0$0
Pledges and grants receivable, net$1,488,644$814,422
Accounts receivable, net$13,935$38,815
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$386$340
Prepaid expenses and deferred charges$49,345$60,683
Land, buildings, and equipment: cost or other basis$8,644,706$9,254,756
Investments - publicly traded securities$12,821,047$14,114,793
Investments - other securities$0$0
Investments - program-related$0$0
Intangible assets$0$0
Other assets$340,993$340,993
Total liabilities$1,479,435$1,455,737$1,487,058$1,658,873
Accounts payable and accrued expenses$139,674$275,362
Grants payable$0$0
Deferred revenue$218,330$314,459
Tax-exempt bond liabilities$0$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$1,065,345$1,040,918$1,015,200$988,267
Unsecured notes and loans payable to unrelated third parties$0$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$113,854$80,785
Total net assets or fund balances$21,090,063$21,573,644$23,434,326$24,860,792
Unrestricted net assets$8,480,318$9,116,616
Temporarily restricted net assets$2,706,301$2,499,893
Permanently restricted net assets$12,247,707$13,244,283
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0$0
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010 - 2014)
2010 - 2014 Total
Public Support$16,125,237
Subtotal Support$16,125,237
Gifts, grants, contributions, and membership fees received$16,125,237
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$22,150,368
Public Support$16,125,237
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$5,993,266
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$31,865
Gross receipts from related activities, etc.$6,117,982
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$0$0$0
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$0
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$0
Unrelated business taxable income$0
Unrelated business taxable income before net operating loss deduction$0
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$0
Specific deduction$1,000
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Big Thought1409 S Lamar St Ste 1015, Dallas, TX 75215-6863TX1987-07$11,052,946
2Southwest School Of Art300 Augusta St, San Antonio, TX 78205-1216TX1965-08$8,204,618
3Studio Art Centers International Inc50 Broad Street, New York, NY 10004-2307NY1977-11$5,123,289
4Skowhegan School Of Painting And Sculpture Inc136 West 22nd Street, New York, NY 10011-2424NY1947-07$3,483,494
5Young Audience Inc, New Orleans Chapter615 Baronne St Ste 201, New Orleans, LA 70113-1060LA1963-12$3,213,327
6Young Audiences Of New Jersey200 Forrestal Road, Princeton, NJ 08540-6605NJ1975-01$3,128,519
7Urban Gateways205 W Randolph St Ste 1700, Chicago, IL 60606-1814IL1964-01$2,651,797
8Young Audiences Of Maryland Inc2600 N Howard Street No 1300, Baltimore, MD 21218-4507MD1959-06$2,560,413
9Young Audiences-New York IncOne East 53rd St 9th Fl, New York, NY 10022-4200NY1970-05$2,463,136
10Vsa Arts Of New Mexico Inc4904 4th St Nw, Albuquerque, NM 87107-3906NM1987-01$1,885,979
11Young Audiences Of Oregon Inc1220 Sw Morrison St Ste 1000, Portland, OR 97205-2229OR1964-06$1,698,817
12The Metropolitan Center For The Visual Arts Inc155 Gibbs St Ste 300, Rockville, MD 20850-0352MD1990-04$1,561,169
13Hits Theatre311 W 18th St, Houston, TX 77008-3903TX1981-02$1,043,886
14The Bosque Arts CenterPO BOX 373, Clifton, TX 76634-0373TX1981-09$1,031,289
15Give Dreams Inc, Booker T Sparks School For Performi3505 W Lancaster Ave, Fort Worth, TX 76107-3002TX1996-06$471,721
16Highland Park Arts5949 Sherry Ln Ste 950, Dallas, TX 75225-8049TX1989-03$95,952
17Young Audiences Of Southeast Texas Inc700 North Suite G, Beaumont, TX 77701TX1983-05$91,730
18Guadalupe Ballet Folklorico Community Development Corporation4314 Debbie Ct, Rosenberg, TX 77471-2042TX1999-03$1
19Human Muse Foundation4327 Simsbrook Dr, Houston, TX 77045-5435TX2002-10$0
20Marnie Paul Arts Center Inc9106 Yucca Mountain Rd, Austin, TX 78759TX1997-12$0
Number of organizations performing similar types of work
Alaska1
Alabama2
Arkansas1
Arizona4
California33
Colorado5
Connecticut6
District of Columbia7
Delaware2
Florida15
Georgia6
Hawaii2
Iowa2
Idaho3
Illinois14
Indiana3
Kansas1
Kentucky2
Louisiana2
Massachusetts15
Maryland6
Maine3
Michigan10
Minnesota6
Missouri5
Mississippi1
Montana1
North Carolina8
North Dakota3
New Hampshire6
New Jersey13
New Mexico4
Nevada1
New York48
Ohio10
Oklahoma1
Oregon6
Pennsylvania9
Rhode Island3
South Carolina2
Tennessee2
Texas10
Utah1
Virginia7
Vermont3
Washington8
Wisconsin6
West Virginia1
Total310

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