The Bosque Arts Center

Analysis

The Bosque Arts Center is a registered charity in United States, based in Clifton, 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Bosque Arts Center reported income of $779k and spending of $568k, leaving 27% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $627k to $779k (+24%), an average of +4.4% a year. The sharpest change came in the year to June 2022, when income dropped by 45%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Bosque Arts Center sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Adams County Arts Council ($779k), Interactive Neighborhood for Kids Inc ($779k) and Music in the Mountains ($779k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 9.7% of the total. Other salaries and wages came to $201k. At year end it held assets of $7.8m against liabilities of $2,964, net assets of $7.8m. It reported 37 employees.