Community Artists Collective

Analysis

Community Artists Collective is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 1992, 34 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 June 2023, Community Artists Collective reported income of $275k and spending of $286k, spending 104% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $340k to $275k (-19%), an average of -10% a year. The sharpest change came in the year to June 2022, when income dropped by 24%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Community Artists Collective 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 Annies Art Attic ($275k), Sauk County Historical Society Inc ($275k) and No 1 British Flying Training School Museum Inc ($275k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $40k (14% of expenses). At year end it held assets of $222k against liabilities of $26k, net assets of $196k. It reported 1 employees.