Roys Lozanos Ballet Folklorico de Texas

Analysis

Roys Lozanos Ballet Folklorico de Texas is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in November 2023, 3 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 September 2023, Roys Lozanos Ballet Folklorico de Texas reported income of $128k and spending of $106k, spending 82% of its income. Across the 4 years on record, from September 2019 to September 2023, income fell from $182k to $128k (-29%), an average of -11% a year. The sharpest change came in the year to September 2020, when income dropped by 32%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Roys Lozanos Ballet Folklorico de Texas sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Hispanic Alliance Colorado Inc ($128k), Living the Classical Life ($128k) and Enob Inc ($128k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $292k against liabilities of $105k, net assets of $187k.