Van Cliburn Trust Fund

Analysis

Van Cliburn Trust Fund is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in August 1988, 38 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Van Cliburn Trust Fund reported income of $2.2m and spending of $648k, leaving 70% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $569k to $2.2m (+286%), an average of +31% a year. The sharpest change came in the year to June 2022, when income rose by 164%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Van Cliburn Trust Fund sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Evjue Foundation Inc ($2.2m), Northlands Rescue Mission Inc ($2.2m) and North Shore Innoventures Inc ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 59% of the total. At year end it held assets of $21.3m against liabilities of $6,355, net assets of $21.3m.