Piney Woods Fine Arts Association

Analysis

Piney Woods Fine Arts Association is a registered charity in United States, based in Crockett, TX. It received its IRS tax-exemption ruling in January 1992, 34 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Piney Woods Fine Arts Association reported income of $916k and spending of $374k, leaving 59% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $332k to $916k (+176%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 186%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Piney Woods Fine Arts Association sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Association of the Los Altos Historical Museum ($915k), Midland Odessa Symphony and Chorale Inc ($916k) and Jazz Night School ($915k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 17% of the total. Other salaries and wages came to $93k. At year end it held assets of $689k against liabilities of $16k, net assets of $673k. It reported 3 employees.