Houston Center for Photography

Analysis

Houston Center for Photography is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 1982, 44 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 August 2023, Houston Center for Photography reported income of $742k and spending of $917k, spending 124% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $757k to $742k (-2.0%), an average of -0.5% a year. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Houston Center for Photography sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Wallace House Foundation-A Museum and Vice Presidential Library ($742k), Timothy M Draper Center for Dance Education Inc ($742k) and Variations Theatre Group Inc ($742k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 88% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $108k (12% of expenses). Other salaries and wages came to $237k. At year end it held assets of $501k against liabilities of $59k, net assets of $441k. It reported 11 employees.