Austin Area Art From the Streets

Analysis

Austin Area Art From the Streets is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 April 2023, Austin Area Art From the Streets reported income of $242k and spending of $355k, spending 147% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income fell from $274k to $242k (-12%), an average of -3.0% a year. The sharpest change came in the year to April 2022, when income rose by 58%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Austin Area Art From the Streets sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include NGLCC Foundation ($242k), Jobs with Justice Inc ($242k) and Citizens for Progress Inc ($242k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 54% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $40k (11% of expenses). At year end it held assets of $605k against liabilities of $13k, net assets of $592k. It reported 1 employees.