Texas Dance Hall Preservation Inc

Analysis

Texas Dance Hall Preservation Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 2007, 19 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, Texas Dance Hall Preservation Inc reported income of $107k and spending of $137k, spending 128% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $326k to $107k (-67%), an average of -31% a year. The sharpest change came in the year to December 2022, when income rose by 112%. Over the whole period it spent 118% 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 Dance Hall Preservation Inc 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 Developing Dreams Foundation Inc ($107k), William Bull and Sarah Wells Stone House Association Inc ($107k) and Greer Cultural Arts Council Inc ($107k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $63k. At year end it held assets of $36k against liabilities of $1,345, net assets of $35k. 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.