Boerne Performing Arts

Analysis

Boerne Performing Arts is a registered charity in United States, based in Boerne, TX. It received its IRS tax-exemption ruling in March 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 May 2023, Boerne Performing Arts reported income of $256k and spending of $282k, spending 110% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $266k to $256k (-3.7%), an average of -0.9% a year. The sharpest change came in the year to May 2022, when income rose by 2540%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Boerne Performing Arts sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include PGM Aviation ($256k), Corpus Christi Geological Library I NC ($256k) and Bailey Foundation ($256k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 48% and program service revenue 46% of the total. At year end it held assets of $194k against liabilities of $680, net assets of $194k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.