Victoria Bach Festival Association Inc

Analysis

Victoria Bach Festival Association Inc is a registered charity in United States, based in Victoria, TX. It received its IRS tax-exemption ruling in December 1978, 48 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 August 2023, Victoria Bach Festival Association Inc reported income of $392k and spending of $423k, spending 108% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $273k to $392k (+44%), an average of +9.5% a year. The sharpest change came in the year to August 2023, 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, Victoria Bach Festival Association Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Stearns County Pioneer Club ($392k), Arabic School of Chicago ($392k) and Stage Door Theatre Inc ($392k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $77k. At year end it held assets of $207k against liabilities of $104k, net assets of $103k. It reported 2 employees.