BT Studios Inc

Analysis

BT Studios Inc is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in April 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 June 2024, BT Studios Inc reported income of $115k and spending of $143k, spending 125% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $155k to $115k (-26%), an average of -14% a year. The sharpest change came in the year to June 2023, when income dropped by 44%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, BT Studios Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Martial Arts History Museum Inc ($115k), Howard County Center of African American Culture ($115k) and Sambafunk Inc ($114k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 40% and program service revenue 63% of the total. Other salaries and wages came to $42k. At year end it held assets of $3,289 against liabilities of $804, net assets of $2,485. It reported 2 employees.