Historic Mesquite Inc

Analysis

Historic Mesquite Inc is a registered charity in United States, based in Mesquite, TX. It received its IRS tax-exemption ruling in June 1996, 30 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 September 2023, Historic Mesquite Inc reported income of $267k and spending of $184k, leaving 31% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $395k to $267k (-32%), an average of -9.3% a year. The sharpest change came in the year to September 2020, when income dropped by 60%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Mesquite Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Piven Theatre Workshop ($267k), Community Little Theatre Corp ($267k) and Unicorn Riot ($267k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $100k (54% of expenses). At year end it held assets of $788k against liabilities of $807, net assets of $788k. It reported 3 employees.