North Texas Business Council for the Arts
North Texas Business Council for the Arts
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About this organization
Mission
To create business/arts partnerships that build world-class communities where people want to live, work and grow
About
LEADERSHIP ARTS INSTITUTE (LAI) was founded in 1989 to develop the next generation of business and arts leaders and encourage passion for the arts in North Texas. Each year, a limited number of business and nonprofit professionals are selected and trained in leadership, nonprofit board best practices, and knowledge of current critical issues affecting cultural institutions. Upon completion of the program, graduates are individually matched to serve on nonprofit boards of directors, which strengthens the North Texas community by providing business acumen and resources to optimize the potential of our nonprofit cultural sector.
Interesting data from their 2020 990 filing
In the filing, the mission of the non-profit is noted as “To create business/arts partnerships that build world-class communities where people want to live, work and grow.”.
When referring to its responsibilities, they were outlined as: “To create business/arts partnerships that build world-class communities where people want to live, work and grow”.
- The state in which the non-profit is legally registered to operate is TX, as per legal records.
- The filing documents the non-profit's address in 2020 as SAME AS ABOVE, DALLAS, TX, 75225.
- According to the non-profit's form, they have 11 employees on their payroll as of 2020.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is -$139,637.
- The CEO remuneration plan within the organization is subject to review and approval by an independent source.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 29 independent voting members.
- The organization was formed in 1987.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $349,639 in salary, compensation, and benefits to its employees.
- The organization pays $262 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has fundraising events.
- The organization's financial statements were reviewed by an accountant.