Lafollia Austin Baroque

Analysis

Lafollia Austin Baroque is a registered charity in United States, based in Austin, 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 December 2023, Lafollia Austin Baroque reported income of $68k and spending of $77k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $88k to $68k (-23%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 120% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lafollia Austin Baroque sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Villa Anita Inc ($68k), Friends of the Otisville School Inc ($68k) and Iowa Masonic Library and Museum Building Endownment Fund ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. At year end it held assets of $102k against liabilities of $760, net assets of $101k.