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    <Timestamp>2013-08-14T13:41:55-05:00</Timestamp>
    <TaxPeriodEndDate>2012-12-31</TaxPeriodEndDate>
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      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>P O BOX 297</AddressLine1>
        <City>Columbus</City>
        <State>TX</State>
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      </PreparerFirmUSAddress>
    </PreparerFirm>
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    <Filer>
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        <BusinessNameLine1>LIVE OAK ART CENTER</BusinessNameLine1>
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        <City>COLUMBUS</City>
        <State>TX</State>
        <ZIPCode>78934</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>TRACEY WEGENHOFT</Name>
      <Title>PRESIDENT</Title>
      <Phone>9797328398</Phone>
      <DateSigned>2013-08-14</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
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    <Preparer>
      <Name>WM PIERCE ARTHUR</Name>
      <PTIN>P00402993</PTIN>
      <Phone>9797325719</Phone>
      <DatePrepared>2013-08-14</DatePrepared>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-03-07 17:11:31Z</BuildTS>
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      <ScheduleBNotRequired>X</ScheduleBNotRequired>
      <WebSite>LIVEOAKARTCENTERORG</WebSite>
      <Organization501c3 referenceDocumentId="990A">X</Organization501c3>
      <GrossReceipts>78991</GrossReceipts>
      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <ContributionsGiftsGrantsEtc>61926</ContributionsGiftsGrantsEtc>
      <ProgramServiceRevenue>6873</ProgramServiceRevenue>
      <InvestmentIncome>413</InvestmentIncome>
      <FundraisingGrossIncome>6515</FundraisingGrossIncome>
      <SpecialEventsDirectExpenses>7986</SpecialEventsDirectExpenses>
      <SpecialEventsNetIncomeLoss>-1471</SpecialEventsNetIncomeLoss>
      <OtherRevenueTotal>3264</OtherRevenueTotal>
      <TotalRevenue>71005</TotalRevenue>
      <SalariesOtherCompEmplBenefits>24670</SalariesOtherCompEmplBenefits>
      <OccupancyRentUtilitiesAndMaint>19525</OccupancyRentUtilitiesAndMaint>
      <PrintingPublicationsPostage>3053</PrintingPublicationsPostage>
      <OtherExpensesTotal>26280</OtherExpensesTotal>
      <TotalExpenses>73528</TotalExpenses>
      <ExcessOrDeficitForYear>-2523</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>188273</NetAssetsOrFundBalancesBOY>
      <OtherChangesInNetAssets>-2</OtherChangesInNetAssets>
      <NetAssetsOrFundBalancesEOY>185748</NetAssetsOrFundBalancesEOY>
      <InfoInScheduleOPartII>X</InfoInScheduleOPartII>
      <CashSavingsAndInvestments>
        <BOY>76178</BOY>
        <EOY>69985</EOY>
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      <LandAndBuildings>
        <BOY>104247</BOY>
        <EOY>104247</EOY>
      </LandAndBuildings>
      <OtherAssetsTotal>
        <BOY>9306</BOY>
        <EOY>13166</EOY>
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      <TotalAssets>
        <BOY>189731</BOY>
        <EOY>187398</EOY>
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      <SumOfTotalLiabilities>
        <BOY>1458</BOY>
        <EOY>1650</EOY>
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      <NetAssetsOrFundBalances>
        <BOY>188273</BOY>
        <EOY>185748</EOY>
      </NetAssetsOrFundBalances>
      <PrimaryExemptPurpose>ART EDUCATION</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>CONTINUOUS ART EXHIBITS ADULT AND CHILDREN WORKSHOPS ANNUAL JURIED ART SHOW</DescriptionProgramServiceAccom>
        <ProgramServiceExpenses>75089</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <TotalProgramServiceExpenses>75089</TotalProgramServiceExpenses>
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        <PersonName>TRACEY WEGENHOFT</PersonName>
        <Title>PRESIDENT</Title>
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        <PersonName>ALLISON KORELL</PersonName>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>VILMA VAVRUSA</PersonName>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>RON BOWEN</PersonName>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>ROGER WADE</PersonName>
        <Title>DIRECTOR</Title>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>REGGIE BRISCO</PersonName>
        <Title>DIRECTOR</Title>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>NICOLE SCHOBEL</PersonName>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>SANDY RAY</PersonName>
        <Title>DIRECTOR</Title>
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        <PersonName>KATHRYN CASS</PersonName>
        <Title>DIRECTOR</Title>
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      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>SHAWN ROBERTS</PersonName>
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        <Compensation>0</Compensation>
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      <ActivitiesNotPreviouslyRpt>false</ActivitiesNotPreviouslyRpt>
      <MadeChangesToOrgnzngEtcDoc>false</MadeChangesToOrgnzngEtcDoc>
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      <SubjectToProxyTax>false</SubjectToProxyTax>
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      <DidOrgFileForm1120POLThisYear>false</DidOrgFileForm1120POLThisYear>
      <MadeLoansToFromOfficers>false</MadeLoansToFromOfficers>
      <EngagedInExcessBenefitTrans>false</EngagedInExcessBenefitTrans>
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        <NamePerson>SHAWN ROBERTS</NamePerson>
        <AddressUS>
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          <City>COLUMBUS</City>
          <State>TX</State>
          <ZIPCode>78934</ZIPCode>
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        <TelephoneNumber>9797328398</TelephoneNumber>
      </TheBooksAreInCareOf>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ForeignOffice>false</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>false</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>false</DoesOrgHaveHospital>
      <TanningServicesProvided>false</TanningServicesProvided>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionWithControlEntity>false</TransactionWithControlEntity>
      <EngagePoliticalCmpgnActivities>false</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>false</EngageInLobbyingActivities>
      <OperatingSchool>false</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>false</TrnsfrsExemptNonCharRelatedOrg>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <PartVIAHghstPaidCntrctProfSer>NONE</PartVIAHghstPaidCntrctProfSer>
      <FiledScheduleA>true</FiledScheduleA>
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        <CurrentTaxYearMinus3Years>73953</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>65773</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>88709</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>61924</CurrentTaxYear>
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        <CurrentTaxYearMinus4Years>66189</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>73953</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>65773</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>88709</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>61924</CurrentTaxYear>
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      <PublicSupportTotal170>356548</PublicSupportTotal170>
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        <CurrentTaxYearMinus3Years>320</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>585</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>482</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>413</CurrentTaxYear>
        <Total>3730</Total>
      </GrossInvestmentIncome170>
      <TotalSupport>360278</TotalSupport>
      <PublicSupportPertcentage170>0.98960</PublicSupportPertcentage170>
      <PublicSupportPertcentPriorYear>0.94470</PublicSupportPertcentPriorYear>
      <ThirtyThreePercntTestsCY170>X</ThirtyThreePercntTestsCY170>
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    <IRS990ScheduleO documentId="990O">
      <GeneralExplanation>
        <Identifier>O01</Identifier>
        <ReturnReference>Description of other revenue Part I line 8</ReturnReference>
        <Explanation>DESCRIPTION AMOUNT RENT OF FACILITIES 3,264</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>O02</Identifier>
        <ReturnReference>Description of other expenses Part I line 16</ReturnReference>
        <Explanation>DESCRIPTION AMOUNT ADVERTISING 2,820 MERCHANT ACCOUNT FEES AND BANK CHGS 354 EXHIBITS 3,397 DUES AND SUBSCRIPTIONS 3,692 OFFICE EXPENSE 1,461 INSURANCE 1,903 TELEPHONE 2,575 WORKSHOP EXPENSE 3,505 JURIED SHOW EXPENSE 3,078 FOUNDATION SEARCH 3,495</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>O03</Identifier>
        <ReturnReference>Other changes in net assets or fund balances Part I line 20</ReturnReference>
        <Explanation>DESCRIPTION AMOUNT ROUNDING (2)</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>O04</Identifier>
        <ReturnReference>Description of other assets Part II line 24</ReturnReference>
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      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>O05</Identifier>
        <ReturnReference>Description of total liabilities Part II line 26</ReturnReference>
        <Explanation>CATEGORY BEGINNING OF YEAR END OF YEAR PAYROLL TAXES 1,458 1,650</Explanation>
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