National Western Art Foundation

Analysis

National Western Art Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in February 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 September 2023, National Western Art Foundation reported income of $5.0m and spending of $5.2m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $6.0m to $5.0m (-17%), an average of -4.7% a year. The sharpest change came in the year to September 2021, when income rose by 42%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Western Art Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Milwaukee Film Inc ($5.0m), Blackstar Projects Inc ($5.0m) and Christina Cultural Arts Center Inc ($5.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 48% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $364k (7.0% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $33.1m against liabilities of $2.3m, net assets of $30.7m. It reported 41 employees.