Texas Czech Heritage and Cultural Center Inc

Analysis

Texas Czech Heritage and Cultural Center Inc is a registered charity in United States, based in LA Grange, TX. It received its IRS tax-exemption ruling in July 1997, 29 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 December 2023, Texas Czech Heritage and Cultural Center Inc reported income of $552k and spending of $370k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $287k to $552k (+92%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Texas Czech Heritage and Cultural Center Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Utah Music Educators Association ($551k), Rochester Contemporary Art Center Inc ($552k) and Voces8 Foundation ($551k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 3.4% of the total. Other salaries and wages came to $80k. At year end it held assets of $4.4m against liabilities of $1,987, net assets of $4.4m. It reported 5 employees.