Horton Records Ltd

Analysis

Horton Records Ltd is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in April 2013, 13 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, Horton Records Ltd reported income of $170k and spending of $184k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $137k to $170k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Horton Records Ltd 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 50th percentile, and in the 51st percentile within OK. Charities of a similar size with the same main cause include Pegasus Theatre Inc ($170k), Tucson Auto Museum Inc ($170k) and Aerospace States Association Inc ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.