Hill Country Arts Foundation

Analysis

Hill Country Arts Foundation is a registered charity in United States, based in Ingram, TX. It received its IRS tax-exemption ruling in September 1960, 66 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hill Country Arts Foundation reported income of $709k and spending of $665k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $672k to $709k (+5.5%), an average of +1.3% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hill Country Arts Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Beyond Baroque Foundation ($709k), Cucalorus Film Foundation ($709k) and Na Maka O Puuwai Aloha - Foundation ($708k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $60k (9.0% of expenses). Other salaries and wages came to $122k. At year end it held assets of $3.1m against liabilities of $9,669, net assets of $3.1m. It reported 12 employees.