Revival of Cultural Arts

Analysis

Revival of Cultural Arts is a registered charity in United States, based in Brownsville, TX. It received its IRS tax-exemption ruling in January 2015, 11 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, Revival of Cultural Arts reported income of $224k and spending of $333k, spending 149% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $317k to $224k (-29%), an average of -16% a year. The sharpest change came in the year to December 2022, when income rose by 57%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Revival of Cultural Arts sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Leadership Ohio ($224k), Santa Barbara Museum of Art ($224k) and Escuela Mayaguezana de Ballet Artes Y Educacion Eugenio Maria de Hosto ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $234k against liabilities of $0, net assets of $234k.