Fryderyk Chopin Society of Texas Inc

Analysis

Fryderyk Chopin Society of Texas Inc is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in August 1992, 34 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, Fryderyk Chopin Society of Texas Inc reported income of $55k and spending of $44k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $117k to $55k (-53%), an average of -53% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fryderyk Chopin Society of Texas Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Listen4life Foundation ($55k), Camp Gordon Johnston Assoc ($55k) and Savoyard Light Opera Co Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 21% of the total. At year end it held assets of $22k against liabilities of $859, net assets of $22k.