Capitol View Arts

Analysis

Capitol View Arts is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in March 2012, 14 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, Capitol View Arts reported income of $201k and spending of $148k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $201k (+73%), an average of +73% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Capitol View Arts sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Pitchblack Immersive Experiences ($201k), Viva Voices Choral Organization Inc ($201k) and Kamuela Philharmonic Orchestrasociety ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $70k. At year end it held assets of $155k against liabilities of $15k, net assets of $140k. It reported 1 employees.