Czech Cultural and Community Center

Analysis

Czech Cultural and Community Center is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 1996, 30 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 December 2023, Czech Cultural and Community Center reported income of $291k and spending of $363k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $248k to $291k (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Czech Cultural and Community Center sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include New Castle Community Television Inc ($291k), Pearls of India Foundation ($291k) and Arlington Community Theater ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 11% of the total. Other salaries and wages came to $116k. It paid $1,422 in professional fundraising fees. At year end it held assets of $2.8m against liabilities of $199k, net assets of $2.6m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.