Contemporary Art for San Antonio

Analysis

Contemporary Art for San Antonio is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in July 1986, 40 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, Contemporary Art for San Antonio reported income of $1.2m and spending of $904k, leaving 24% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $779k to $1.2m (+52%), an average of +11% a year. The sharpest change came in the year to September 2023, when income rose by 67%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Contemporary Art for San Antonio sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Delaware First Media Corporation ($1.2m), Welcome Home Ministries ($1.2m) and Red Hen Press Inc ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $104k (11% of expenses). Other salaries and wages came to $333k. At year end it held assets of $1.5m against liabilities of $375k, net assets of $1.2m. It reported 13 employees.