Art League of Houston

Analysis

Art League of Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 1953, 73 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Art League of Houston reported income of $1.2m and spending of $1.2m, spending 101% of its income. Across the 4 years on record, from May 2020 to May 2023, income fell from $1.2m to $1.2m (-0.7%), an average of -0.2% a year. The sharpest change came in the year to May 2022, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Art League of Houston sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Anatomical Gift Association ($1.2m), Preferred Lending Partners ($1.2m) and Hbi Global Partners USA Inc ($1.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 64% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $79k (6.8% of expenses). Other salaries and wages came to $329k. At year end it held assets of $888k against liabilities of $602k, net assets of $286k. It reported 13 employees.