Gilbert & Sullivan Society of Houston

Analysis

Gilbert & Sullivan Society of Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 1954, 72 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, Gilbert & Sullivan Society of Houston reported income of $239k and spending of $283k, spending 119% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $303k to $239k (-21%), an average of -5.8% a year. The sharpest change came in the year to September 2022, when income rose by 221%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gilbert & Sullivan Society of Houston sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include International Society for Anthrozoology Inc ($239k), Friends of S C P a ($239k) and Ibla Foundation ($239k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 55% and program service revenue 40% of the total. At year end it held assets of $65k against liabilities of $18k, net assets of $46k.