2022-11-15T21:24:50-05:00 2021-12-31 853547025 The Financial Interior LLP 2618 Kramer Ln Unit 7075 Austin TX 78758 990 2021-01-01 853665317 IMPACT ARTS INC IMPA 6700 LEXINGTON ROAD Austin TX 78757 GINGER MORRIS CHIEF EXECUTIVE 2022-11-14 true GINGER MORRIS XXX-XX-XXXX Victor Villalobos CPA P02461109 5129001826 2022-11-15 0 00 AAL2 IAL1 2021 2022-09-23 18:48:47Z X 267009 false X https://impactarts.org X 2020 TX Impact Arts is committed to lifelong learning. We create experiences that impact students, audiences, and communities. We believe in quality arts training and mentorship; we believe in work that surprises, inspires, and entertains audiences. 3 3 0 0 0 149171 104236 0 13602 267009 0 0 0 0 0 223815 223815 43194 45075 1881 43194 Impact Arts is committed to lifelong learning. We create experiences that impact students, audiences, and communities. We believe in quality arts training and mentorship; we believe in work that surprises, inspires, and entertains audiences. false false 206062 253407 During calendar year 2021, Impact Arts successfully coordinated and executed on its plan to reestablish its largest core program: Summer Stock Austin, which was made virtual due to the COVID-19 pandemic. We carefully and joyfully brought students and professional mentors together to reignite the spark of community that many were missing during the pandemic. Additionally, we craftfully delivered an artistic experience that allowed our audiences to reconnect with their passion and appreciation for the arts. Through strong fundraising efforts and favorable macroeconomic factors, the organization successfully fundraised and generated revenue to more-than-adequately cover programming expenses and ensure the sustainability of the program for calendar year 2022. 17500 We launched our new initiative - the Digital Learning Series - to bring musical theatre curriculum to school across the country in a digital format. 223562 true true false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 20 0 true 0 false false false false false false false false false false false false false false false false false false X 3 3 false false false false false false false true true false false true true true true true true true true false X X VICTOR VILLALOBOS CPA 5127972392 6700 LEXINGTON ROAD Austin TX 78757 DONELVAN THIGPEN CHIEF OPERATING OFFICER 30.00 0.00 X 13250 0 0 GINGER MORRIS CHIEF EXECUTIVE OFFICER 50.00 0.00 X 10280 0 0 VICTOR VILLALOBOS CHIEF FINANCIAL OFFICER 5.00 0.00 X 0 0 0 23530 0 0 0 false false false 30017 119154 13490 149171 PERFORMANCES REVENUE 711190 104236 104236 104236 30017 MERCHANDISE REVENUE 711190 13501 13501 MISCELLANEOUS REVENUE 711190 101 101 13602 267009 117838 0 0 X 149474 149474 1898 1898 842 746 96 2484 2484 1449 1449 Banking & merchant fees 6751 6689 62 Performance-related expenses 45318 45318 Licensing fees 13085 13085 2514 2419 95 223815 223562 253 0 45075 0 45075 1881 0 1881 X 43194 0 43194 0 45075 43194 0 X false false false X 149171 149171 149171 149171 31460 117711 13602 13602 162773 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED STOCK-A-THON 30017 -30017 30017 -30017 -30017 Form 990 governing body review Part VI line 11 The Board of Directors of Impact Arts has convened in session with full attendance to review the Form 990 for tax year 2021. All directors have reviewed each line item of the Form 990 and asked questions, as applicable. Conflict of interest policy compliance Part VI line 12c The Board of Directors actively reviews in advance any relationships or transactions where any one director may have a conflict of interest. CEO executive director top management comp Part VI line 15a The Board of Directors evaluates from time to time the need and ability of the organization to retain a paid Executive Director. For calendar year 2021, the Board of Directors has determined such position is not necessary, and the strategic guidance and operational execution of the organizations goals will remain with the Board. Other officer or key employee compensation Part VI line 15b The Board of Directors evaluates from time to time the need and ability of the organization to retain other paid executive officers or key employees. For calendar year 2021, the Board of Directors has determined such full-time positions are not necessary, and the strategic guidance and operational execution of the organizations goals will remain with the Board. Any compensation renumerated is for professional services rendered to the organization and is unrelated to any services performed for Board responsibilities. Governing documents etc available to public Part VI line 19 The organization makes its governing documents available for public inspection by request. Given it is the organizations first year, once formal authorization from the Board of Directors is received, other relevant organizational documents will be published on our website for public viewing. List of other fees for services expenses Part IX line 11g LINE 11G - THIRD-PARTY VENUE LABOR - $32,962LINE 11G - PROGRAM DESIGN SERVICES - $11,601LINE 11G - PROGRAM ARTIST SERVICES - $15,054LINE 11G - PROGRAM PRODUCTION SERVICES - $34,444LINE 11G - PROGRAM APPRENTICESHIPS - $7,754LINE 11G - DIGITAL LEARNING SERIES SERVICES - $17,500LINE 11G - OTHER PROGRAMMATIC SERVICES - $30,159