Lone Star Circus Arts Center Inc

Analysis

Lone Star Circus Arts Center Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 2007, 19 years ago. 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 August 2023, Lone Star Circus Arts Center Inc reported income of $397k and spending of $298k, leaving 25% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $497k to $397k (-20%), an average of -5.5% a year. The sharpest change came in the year to August 2022, when income rose by 104%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lone Star Circus Arts Center Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Braemar-City of Lakes Figure Skating Club ($397k), Washtenaw Literacy ($397k) and Christian Service Council of Grant County ($397k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 5.2% and program service revenue 71% of the total. Other salaries and wages came to $102k. At year end it held assets of $276k against liabilities of $6,932, net assets of $269k. It reported 1 employees.