Houston Center for Contemporary Craft

Analysis

Houston Center for Contemporary Craft is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2000, 26 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 June 2023, Houston Center for Contemporary Craft reported income of $1.5m and spending of $1.7m, spending 112% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.5m (+23%), an average of +7.1% a year. The sharpest change came in the year to June 2021, when income rose by 45%. 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 Center for Contemporary Craft sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Virginia Center for the Creative Arts ($1.5m), Foundation for Earth Science Information Partners ($1.5m) and Israelnow Education Foundation ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.3% of the total. Other salaries and wages came to $693k. At year end it held assets of $1.0m against liabilities of $582k, net assets of $466k. It reported 20 employees.