Texas State Historical Association

Analysis

Texas State Historical Association is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in December 1942, 84 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 August 2023, Texas State Historical Association reported income of $1.9m and spending of $1.6m, spending 82% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $2.2m to $1.9m (-12%), an average of -3.2% a year. The sharpest change came in the year to August 2023, when income rose by 73%. Over the whole period it spent 92% 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 State Historical Association sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Indiana State School Music Association Inc ($1.9m), Wcca Inc ($1.9m) and USA Dance Inc ($1.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 98% and program service revenue 5.9% of the total. Compensation of current officers, directors and key employees was $126k (8.1% of expenses). Other salaries and wages came to $827k. At year end it held assets of $2.7m against liabilities of $288k, net assets of $2.4m. It reported 21 employees.