Clifford Antone Foundation

Analysis

Clifford Antone Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Clifford Antone Foundation reported income of $253k and spending of $306k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $299k to $253k (-15%), an average of -4.1% a year. The sharpest change came in the year to December 2022, when income rose by 90%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clifford Antone Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Weilenmann Enrichment Corporation ($253k), Putnam City Public Schools Foundation ($253k) and Fishers High School Choir Booster Club ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $63k (21% of expenses). At year end it held assets of $61k against liabilities of $118k, net assets of -$57k.

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.