Terrell Alliance for Education and the Arts

Analysis

Terrell Alliance for Education and the Arts is a registered charity in United States, based in Terrell, TX. It received its IRS tax-exemption ruling in January 2002, 24 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, Terrell Alliance for Education and the Arts reported income of $153k and spending of $120k, leaving 21% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $133k to $153k (+15%), an average of +15% a year. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Terrell Alliance for Education and the Arts sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Workgroup for Peoples Health and Rights ($153k), Tyler Rose Museum Inc ($153k) and McEachern Band Boosters Inc ($152k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. At year end it held assets of $269k against liabilities of $5,824, net assets of $264k.