Center for Educator Development in Fine Arts

Analysis

Center for Educator Development in Fine Arts is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 2006, 20 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, Center for Educator Development in Fine Arts reported income of $55k and spending of $62k, spending 113% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $206k to $55k (-73%), an average of -48% a year. The sharpest change came in the year to December 2022, 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, Center for Educator Development in Fine Arts 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 22nd percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Wallingford Historic Preservation Trust Inc ($55k), Upper Swan Valley Historical Society Inc ($55k) and Mexican Heritage Group of Salinas ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 98% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k.