Russian Cultural Center-Our Texas

Analysis

Russian Cultural Center-Our Texas is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 2006, 20 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Russian Cultural Center-Our Texas reported income of $180k and spending of $172k, spending 96% of its income. Across the 4 years on record, from December 2018 to December 2023, income fell from $233k to $180k (-23%), an average of -8.2% a year. The sharpest change came in the year to December 2021, when income dropped by 16%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Russian Cultural Center-Our Texas sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Eagles Mere Historic Village Inc ($180k), Debut Theater Company ($180k) and National Railway Historical Society Inc Promontory Chapter ($180k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.