Allen Arts Alliance

Analysis

Allen Arts Alliance is a registered charity in United States, based in Allen, TX. It received its IRS tax-exemption ruling in November 2007, 19 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 September 2023, Allen Arts Alliance reported income of $121k and spending of $127k, spending 105% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $157k to $121k (-23%), an average of -23% a year. The sharpest change came in the year to September 2023, when income dropped by 23%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Allen Arts Alliance sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Little Theatre Off Broadway ($121k), Ridgewood Fourth of July Parade Celebration ($121k) and Crawford County Heritage Foundation ($121k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $297k against liabilities of $883, net assets of $296k.