Corsicana Artist and Writer Residency

Analysis

Corsicana Artist and Writer Residency is a registered charity in United States, based in Corsicana, TX. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Corsicana Artist and Writer Residency reported income of $218k and spending of $127k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $195k to $218k (+12%), an average of +12% a year. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Corsicana Artist and Writer Residency sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Everglades PTO Inc ($218k), Entrepreneurs Organization ($219k) and Montessori Schoolhouse Inc ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $31k (25% of expenses). At year end it held assets of $195k against liabilities of $0, net assets of $195k.