Frontier Texas Inc

Analysis

Frontier Texas Inc is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in October 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Frontier Texas Inc reported income of $1.7m and spending of $995k, leaving 43% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $732k to $1.7m (+139%), an average of +24% a year. The sharpest change came in the year to September 2023, when income rose by 106%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Frontier Texas Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Childrens Museum of Southern Minnesota ($1.7m), Gaelic Athletic Association of Greater New York Inc ($1.7m) and Evansville Museum of Arts and Science ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 87% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $119k (12% of expenses). Other salaries and wages came to $250k. At year end it held assets of $4.4m against liabilities of $151k, net assets of $4.3m. It reported 13 employees.