Texas Master Chorale Inc

Analysis

Texas Master Chorale Inc is a registered charity in United States, based in Tomball, TX. It received its IRS tax-exemption ruling in November 1990, 36 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 July 2023, Texas Master Chorale Inc reported income of $154k and spending of $144k, spending 93% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $123k to $154k (+25%), an average of +25% a year. The sharpest change came in the year to July 2023, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Texas Master Chorale Inc 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 Dance Force Inc ($154k), Fort Leboeuf Historical Society ($154k) and Allentown Art Festival Inc ($154k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 77% and program service revenue 15% of the total. At year end it held assets of $113k against liabilities of $1,621, net assets of $111k.