Brauntex Performing Arts Theatre Association Inc

Analysis

Brauntex Performing Arts Theatre Association Inc is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in September 1999, 27 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 2023, Brauntex Performing Arts Theatre Association Inc reported income of $1.4m and spending of $1.7m, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.4m (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2022, when income rose by 360%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brauntex Performing Arts Theatre Association Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Frist Art Museum Foundation ($1.4m), Antaeus Company ($1.4m) and Newport Art Museum and Art Association ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $2,951 (0.2% of expenses). Other salaries and wages came to $338k. At year end it held assets of $3.5m against liabilities of $934k, net assets of $2.6m. It reported 11 employees.