Odeon Preservation Association Inc

Analysis

Odeon Preservation Association Inc is a registered charity in United States, based in Mason, TX. It received its IRS tax-exemption ruling in February 1995, 31 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 December 2023, Odeon Preservation Association Inc reported income of $168k and spending of $134k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $149k to $168k (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2022, when income rose by 151%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Odeon Preservation Association Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Hoo Maa Foundation ($168k), Carrington Rainbow Gardens ($168k) and Buchanan Arts Inc ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 32% of the total. At year end it held assets of $350k against liabilities of $0, net assets of $350k.