Austin Theatre Alliance

Analysis

Austin Theatre Alliance is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in April 2001, 25 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 September 2023, Austin Theatre Alliance reported income of $27.5m and spending of $18.5m, leaving 32% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $10.4m to $27.5m (+164%), an average of +27% a year. The sharpest change came in the year to September 2021, when income rose by 101%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Austin Theatre Alliance sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Franklin County Historical Society ($27.4m), Huntington Theatre Company Inc ($27.5m) and Music Associates of Aspen Inc ($27.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 29% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $519k (2.8% of expenses). Other salaries and wages came to $5.6m. It paid $128k in professional fundraising fees. At year end it held assets of $27.1m against liabilities of $18.4m, net assets of $8.7m. It reported 283 employees.