Houston Museum District Association

Analysis

Houston Museum District Association is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 1997, 29 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 December 2023, Houston Museum District Association reported income of $106k and spending of $165k, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.0m to $106k (-96%), an average of -56% a year. The sharpest change came in the year to December 2022, when income rose by 382%. Over the whole period it spent 100% 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 Museum District Association sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include 1882 Project Foundation ($106k), Unity of Greater Chicago ($106k) and Atlanta Freedom Marching Band ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $50k (30% of expenses). At year end it held assets of $335k against liabilities of $16k, net assets of $319k. It reported 1 employees.