The Austin School for the Performin G & Visual Arts

Analysis

The Austin School for the Performin G & Visual Arts is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Austin School for the Performin G & Visual Arts reported income of $102k and spending of $160k, spending 156% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $303k to $102k (-66%), an average of -20% a year. The sharpest change came in the year to June 2023, when income dropped by 73%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Austin School for the Performin G & Visual Arts sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Hubbard School Band Sponsors ($102k), Friends of the Cambridge Public Library Inc ($102k) and Otsego Athletic Booster Club ($102k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $87k (54% of expenses). Other salaries and wages came to $32k. At year end it held assets of $538k against liabilities of $224, net assets of $538k. It reported 2 employees.