Artists Alliance Studio School Ofsugar Land

Analysis

Artists Alliance Studio School Ofsugar Land is a registered charity in United States, based in Richmond, TX. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Artists Alliance Studio School Ofsugar Land reported income of $229k and spending of $260k, spending 114% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $207k to $229k (+10%), an average of +2.0% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artists Alliance Studio School Ofsugar Land sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Social Trends Institute Inc ($229k), Young Preservationists Association of Pittsburgh ($229k) and Parallel Studios Inc ($229k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. Other salaries and wages came to $38k. At year end it held assets of $167k against liabilities of $14k, net assets of $153k. It reported 1 employees.