Abilene Preservation League

Analysis

Abilene Preservation League is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in January 1979, 47 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 May 2023, Abilene Preservation League reported income of $81k and spending of $134k, spending 165% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $89k to $81k (-9.1%), an average of -2.3% a year. The sharpest change came in the year to May 2021, when income rose by 108%. Over the whole period it spent 215% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Abilene Preservation League sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Friends of the Garden City Historical Museum ($81k), Pine Mountain Music Festival Inc ($81k) and Wadena County Historical Society ($81k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 43% of the total. Other salaries and wages came to $31k. At year end it held assets of $737k against liabilities of $3,213, net assets of $734k. It reported 1 employees.