Austin History Center Association Inc

Analysis

Austin History Center Association Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 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 May 2023, Austin History Center Association Inc reported income of $148k and spending of $183k, spending 124% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income fell from $254k to $148k (-42%), an average of -16% a year. The sharpest change came in the year to May 2021, when income rose by 407%. Over the whole period it spent 37% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Austin History Center Association Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Greater Grand Forks Symphony Association ($148k), Tribes Hill Heritage Center ($148k) and Garfield Heritage Society Inc ($148k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 142% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $66k (36% of expenses). Other salaries and wages came to $32k. At year end it held assets of $1.3m against liabilities of $1,052, net assets of $1.3m. It reported 5 employees.