Texas Heritage Song Writers

Analysis

Texas Heritage Song Writers is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 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 December 2021, Texas Heritage Song Writers reported income of $102k and spending of $117k, spending 115% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $434k to $102k (-77%), an average of -52% a year. The sharpest change came in the year to December 2021, when income dropped by 63%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Texas Heritage Song Writers sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Lake Winnipesaukee Historical Society ($101k), Peytons Project ($102k) and Bits N Pieces Puppet Theatre Inc ($101k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $236k against liabilities of $0, net assets of $236k.