Enacte Arts Inc

Analysis

Enacte Arts Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 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, Enacte Arts Inc reported income of $497k and spending of $456k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $376k to $497k (+32%), an average of +7.3% a year. The sharpest change came in the year to December 2021, when income rose by 83%. 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, Enacte Arts Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Primavera Fund ($497k), Abilene Philharmonic Foundation ($497k) and Culture for One Inc ($497k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $167k. At year end it held assets of $24k against liabilities of $81k, net assets of -$56k. It reported 22 employees.