Bee Cave Arts Foundation

Analysis

Bee Cave Arts Foundation is a registered charity in United States, based in Bee Cave, TX. It received its IRS tax-exemption ruling in December 2010, 16 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, Bee Cave Arts Foundation reported income of $283k and spending of $316k, spending 112% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $203k to $283k (+40%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 101%. 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, Bee Cave Arts Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Redwood Discovery Museum ($283k), Marmarth Research Foundation ($283k) and Iowa Art Works Inc ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $26k (8.2% of expenses). Other salaries and wages came to $35k. At year end it held assets of $43k against liabilities of $0, net assets of $43k. It reported 8 employees.