Bexar County Performing Arts Center Foundation

Analysis

Bexar County Performing Arts Center Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Bexar County Performing Arts Center Foundation reported income of $15.8m and spending of $20.6m, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.8m to $15.8m (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 137%. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bexar County Performing Arts Center Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Sun Valley Community School Inc ($15.8m), Apogee Georgia School Choice Scholarship Fund ($15.8m) and New York School for the Deaf ($15.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $789k (3.8% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $185.7m against liabilities of $23.7m, net assets of $162.0m. It reported 97 employees.