Brazosport Fine Arts Council Inc

Analysis

Brazosport Fine Arts Council Inc is a registered charity in United States, based in Clute, TX. It received its IRS tax-exemption ruling in March 1974, 52 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 September 2023, Brazosport Fine Arts Council Inc reported income of $2.8m and spending of $1.2m, leaving 55% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $850k to $2.8m (+228%), an average of +34% a year. The sharpest change came in the year to September 2023, when income rose by 228%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brazosport Fine Arts Council Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Catskill Mountain Foundation Inc ($2.8m), American Friends of the Louvre Inc ($2.8m) and World Christian Broadcasting Corporation ($2.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 29% and program service revenue 13% of the total. Other salaries and wages came to $446k. At year end it held assets of $6.5m against liabilities of $105k, net assets of $6.4m. It reported 16 employees.