Abilene Arts Alliance

Analysis

Abilene Arts Alliance is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in April 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Abilene Arts Alliance reported income of $824k and spending of $955k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $761k to $824k (+8.3%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 86% 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 Arts Alliance 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 81st percentile within TX. Charities of a similar size with the same main cause include Trinity Datta Yoga Center ($824k), American Astronautical Society Inc ($825k) and Peace and Justice Action League of Spokane ($824k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.