Multicultural Education and Counseling Through the Arts
Analysis
Multicultural Education and Counseling Through the Arts is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 1979, 47 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 December 2023, Multicultural Education and Counseling Through the Arts reported income of $1.4m and spending of $1.3m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.4m (-27%), an average of -7.4% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 70% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Multicultural Education and Counseling Through the Arts sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Verse Video Education Inc ($1.4m), American Arbitration Association- International Centre for Dispute ($1.4m) and The Black History Museum and Cultural Center Inc ($1.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 10.0% of the total. Compensation of current officers, directors and key employees was $210k (16% of expenses). Other salaries and wages came to $409k. At year end it held assets of $5.2m against liabilities of $407k, net assets of $4.8m. It reported 45 employees.
Income and spending
Where the income comes from
- Contributions & grants 72%
- Program services 10.0%
- Other 18%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Verse Video Education Inc | Brookline | $1.4m |
| American Arbitration Association- International Centre for Dispute | New York | $1.4m |
| The Black History Museum and Cultural Center Inc | Richmond | $1.4m |
| Harness Racing Museum and Hall of Fame | Goshen | $1.4m |