Ars Lyrica Houston

Analysis

Ars Lyrica Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2004, 22 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 June 2024, Ars Lyrica Houston reported income of $642k and spending of $635k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $609k to $642k (+5.4%), an average of +1.3% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ars Lyrica Houston sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Insights-El Paso Science Center Inc ($642k), Thelostchurchorg Inc ($643k) and Capital District Celtic Cultural Association ($642k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 28% of the total. Other salaries and wages came to $74k. At year end it held assets of $479k against liabilities of $1,260, net assets of $478k. It reported 3 employees.