Fuse Box Austin

Analysis

Fuse Box Austin is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 2009, 17 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 2023, Fuse Box Austin reported income of $1.0m and spending of $1.2m, spending 114% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $796k to $1.0m (+29%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fuse Box Austin sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include True Concord Voices and Orchestra Inc ($1.0m), San Luis Obispo Symphony Inc ($1.0m) and Lighthouse Foundation of Chicagoland ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $80k (6.9% of expenses). Other salaries and wages came to $254k. It paid $1,750 in professional fundraising fees. At year end it held assets of $220k against liabilities of $148k, net assets of $72k. It reported 9 employees.