Christ in the Arts of West Texas Inc
Analysis
Christ in the Arts of West Texas Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in October 2016, 10 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 May 2024, Christ in the Arts of West Texas Inc reported income of $347k and spending of $342k, spending 98% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $223k to $347k (+56%), an average of +12% a year. The sharpest change came in the year to May 2022, when income rose by 26%. Over the whole period it spent 98% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Christ in the Arts of West Texas Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Creative Arts Alliance ($347k), Naatak ($347k) and Storyknife Writers Retreat ($347k).
On its Form 990 for the period ending May 2024, revenue came from contributions and grants 17% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $26k (7.5% of expenses). Other salaries and wages came to $148k. At year end it held assets of $133k against liabilities of $41, net assets of $133k. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 17%
- Program services 81%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Creative Arts Alliance | Plano | $347k |
| Naatak | San Jose | $347k |
| Storyknife Writers Retreat | Homer | $347k |
| Socal Symphony Society | Culver City | $347k |