Better Business Bureau Report for
FotoFest, Inc.

Better Business Bureau Report issued November 2014
Better Business Bureau Report expires November 2015


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: FotoFest, Inc.
Address: 2000 Edwards St. Building C, Suite 2
  Houston, TX 77007
Phone: 713-223-5522
Web Address: http://www.fotofest.org/
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Better Business Bureau Comments

Year, State Incorporated: 1984, Texas
Affiliates: None
Stated Purpose: FotoFest® is an international nonprofit photographic arts and education organization based in Houston, Texas.

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Evaluation Conclusions

              

FotoFest, Inc. meets the 20 Standards for Charity Accountability.
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Programs

              

FotoFest's purpose is to promote the exchange of art and ideas through international programs and the presentation of photographic art. Our programs work globally and locally bringing together an international vision of art and cross-cultural exchange with commitment involvement and the enrichment of Houston's cultural resources. FotoFest created the first international Biennial of Photography and photo-related Art in the United States. In addition to its internationally known biennial. FotoFest sponsors Inter-Biennial programs, exhibitions, international exchange programs and publications. FotoFest 2014 was a tremendous success-- 275,000 people attended or participated in the 15th FotoFest Biennial during its six-week run, and 1,159 artists from around the world had the opportunity to participate. Over 130 independent art and civic spaces across greater Houston were part of the Biennial, and FotoFest visitors generated new revenues for the city. In grades 3-12--FotoFest operates a year-round classroom education program, Literacy Through Photography, using Photography to strengthen writing skills, visual literacy and cognitive learning. With 25 school and after-school residency programs, the inspiring curriculum is reaching over 1,000 students this academic year, building cognitive skills, self-esteem and character.

For the fiscal year ended April 30, 2013, FotoFest, Inc.'s program expenses were:

  
Program expense - Arts and Education 652,036
Total Program Expenses: $652,036
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Governance

              

Chief Executive : Steven Evans, Executive Director
Compensation*: 

Chair of the Board: Fred Baldwin, Co-Founder
Chair's Profession / Business Affiliation: FotoFest, Inc.

Board Size: 18

Paid Staff Size: 9

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail, invitations to fund raising events, grant proposals, internet
Fund raising costs were 7% of related contributions. (Related contributions, which totaled $576,217, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on FotoFest, Inc.'s audited financial statements for the fiscal year ended April 30, 2013.

Source of Funds  
Contributions 403,962
In-Kind Contributions 137,917
Earned Income 117,355
Special Events Income 34,338
Other 5,032
Unrealized gain 140
Realized gain 120
Total Income $698,864


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Uses of Funds as a % of Total Expenses

Programs: 76%  Fund Raising: 5%  Administrative: 19%  Other Expenses: Less than 1%

Total income $698,864
Program expenses $652,036
Fund raising expenses 38,934
Administrative expenses 165,182
Other Expenses 1,776
Total expenses $857,928
Expenses in Excess of Income (159,064)
Beginning net assets 668,448
Ending net assets 509,384
Total liabilities 103,976
Total assets $613,360


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Complaints

              

The BBB has processed no customer complaints on this charity in its three year reporting period.

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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