Sugar Land Cultural Arts Foundation

Analysis

Sugar Land Cultural Arts Foundation is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Sugar Land Cultural Arts Foundation reported income of $253k and spending of $225k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $143k to $253k (+78%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 244%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sugar Land Cultural Arts Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Owen County Fair Association Incorporated ($253k), Carol Stream Travel Softball- Baseball Association Inc ($254k) and United Sports Soccer Club ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 32% of the total. At year end it held assets of $995k against liabilities of $0, net assets of $995k.