Odessa Council for the Arts & Humanities

Analysis

Odessa Council for the Arts & Humanities is a registered charity in United States, based in Odessa, TX. It received its IRS tax-exemption ruling in July 1981, 45 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 September 2023, Odessa Council for the Arts & Humanities reported income of $861k and spending of $806k, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $712k to $861k (+21%), an average of +4.9% a year. The sharpest change came in the year to September 2021, when income rose by 25%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Odessa Council for the Arts & Humanities sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Dirt Palace Public Projects ($861k), Davidson Community Players ($861k) and Global Underwater Explorers Inc ($860k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 57% of the total. Compensation of current officers, directors and key employees was $161k (20% of expenses). At year end it held assets of $378k against liabilities of $86k, net assets of $292k. It reported 3 employees.