Gordon Education Initiatives for the Performing Arts

Analysis

Gordon Education Initiatives for the Performing Arts is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 2014, 12 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, Gordon Education Initiatives for the Performing Arts reported income of $142k and spending of $131k, spending 92% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $95k to $142k (+50%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 164%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gordon Education Initiatives for the Performing Arts sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Affton Historical Society ($142k), Oil Region Music Preservation Museum ($142k) and Amesbury Carriage Musuem Inc ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $54k (41% of expenses). Other salaries and wages came to $60k. At year end it held assets of $41k against liabilities of $2,377, net assets of $38k. It reported 1 employees.