Houston Cinema Arts Society

Analysis

Houston Cinema Arts Society is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 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 June 2023, Houston Cinema Arts Society reported income of $452k and spending of $469k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $547k to $452k (-17%), an average of -4.7% a year. The sharpest change came in the year to June 2021, when income dropped by 16%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Houston Cinema Arts Society sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Chicago Artists Coalition ($452k), Nisei Week Foundation Inc ($452k) and Maturango Museum of Indian Wells Valley ($451k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.6% of the total. Compensation of current officers, directors and key employees was $81k (17% of expenses). Other salaries and wages came to $82k. At year end it held assets of $210k against liabilities of $5,255, net assets of $205k. It reported 5 employees.