But Tre Magazine

Analysis

But Tre Magazine is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, But Tre Magazine reported income of $82k and spending of $109k, spending 134% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $99k to $82k (-18%), an average of -18% a year. The sharpest change came in the year to June 2024, when income dropped by 18%. Over the whole period it spent 122% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, But Tre Magazine sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within AZ. Charities of a similar size with the same main cause include Kyoungs Pacific Beat Inc ($82k), Arjay Entertainment Incorporated ($82k) and Wiley H Bates Legacy Center Inc ($82k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 9.4% and program service revenue 91% of the total. At year end it held assets of $218k against liabilities of $12k, net assets of $205k.