Moore County Art Association Inc

Analysis

Moore County Art Association Inc is a registered charity in United States, based in Dumas, TX. It received its IRS tax-exemption ruling in December 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 suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Moore County Art Association Inc reported income of $191k and spending of $139k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $183k to $191k (+4.9%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Moore County Art Association Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Delaware County Veterans Memorial Association in Newtown Square ($191k), Concrete Temple Theatre ($191k) and Placer Advanced Robotics and Technology ($191k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 5.3% of the total. Other salaries and wages came to $59k. At year end it held assets of $1.1m against liabilities of $4,367, net assets of $1.1m. It reported 4 employees.