Wichita Falls Vocal Arts Guild

Analysis

Wichita Falls Vocal Arts Guild is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in June 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, Wichita Falls Vocal Arts Guild reported income of $82k and spending of $84k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $82k (+8.1%), an average of +8.1% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wichita Falls Vocal Arts Guild sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Independent Filmworks Inc ($82k), Consortium MMT ($82k) and Khai Tri Vietnamese Language and Culture Academy ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,567 against liabilities of $0, net assets of $3,567.