Taca Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TACA invests in the vibrancy and resilience of a diverse Dallas arts community. TACA envisions a thriving arts landscape that is celebrated and accessible to everyone.
- Income
- $1.8 million
- Spending
- $2.2 million
- Spent on programs
- 72%
- Reserves
- 2.5 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 9
- Volunteers
- 150
- Highest pay
- $160,360, president & ed
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 40 out of 100. Higher than 11% of charities in its peer group (arts and culture, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 2.5 months of spending.
Debt
5 of 20It owes 56% of what it owns.
Living within its means
0 of 15Spending exceeded income by 22% of income.
Income trend
10 of 15Income fell 4% on the year before.
Spending floor
15 of 1571% of spending went to programs and raising each dollar of donations cost 25 cents.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 65% of charities in its peer group (arts and culture, $1m to $10m).
Independent board
25 of 2530 of 30 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $1.1 million spent. Catalyst Grants provide unrestricted operating funding to high-performing nonprofit arts organizations in Dallas County.
- $432,009 spent. The New Works Fund supports the creation and presentation of new works of art in Dallas County by historically underrepresented voices. Pop-Up Grants provide funding to local artists, arts organizations and collectives, recognizing exceptional projects that make an impact in the Dallas community.
- $46,287 spent. The TACA Arts Accelerator is a 10-month, cohort-based program designed to increase organizational capacity, teach new business and leadership skills, build collaborative connections, and create strategic plans for sustainable growth, preparing them for transformative change and building a foundation for long-term growth. The Amplifier Workshops are a series of professional development workshops and gatherings providing local arts and cultural administrators access to expertise on specific topics that may otherwise be difficult to access. TACA Perforum is an annual, community-wide arts gathering designed to explore topics that contribute to a thriving arts and cultural community in Dallas and North Texas.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending May 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 1967.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.