Pedernales Creative Arts Alliance Inc

Analysis

Pedernales Creative Arts Alliance Inc is a registered charity in United States, based in Fredericksbrg, TX. It received its IRS tax-exemption ruling in April 1981, 45 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, Pedernales Creative Arts Alliance Inc reported income of $1.3m and spending of $1.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $837k to $1.3m (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 2159%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pedernales Creative Arts Alliance Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Penobscot Theatre Company ($1.3m), Millan Theatre Company ($1.3m) and Clockshop ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 95% of the total. At year end it held assets of $1.4m against liabilities of $17k, net assets of $1.4m.