Katy Artreach

Analysis

Katy Artreach is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in March 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 December 2023, Katy Artreach reported income of $348k and spending of $274k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $152k to $348k (+129%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Katy Artreach 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 Center for the Arts of Greater Lapeer Inc ($348k), Offcenter Community Arts Project ($348k) and Howard County Historical Society Inc ($348k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $46k (17% of expenses). At year end it held assets of $211k against liabilities of $40k, net assets of $171k. It reported 1 employees.