Red River Merchants Association

Analysis

Red River Merchants Association is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in March 2017, 9 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, Red River Merchants Association reported income of $278k and spending of $287k, spending 103% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $418k to $278k (-34%), an average of -13% a year. The sharpest change came in the year to December 2021, when income dropped by 36%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Red River Merchants Association sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Skagit Symphony ($278k), Danceability Incorporated ($278k) and Will and Deni McIntyre Foundation ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $129k. At year end it held assets of $103k against liabilities of $0, net assets of $103k. It reported 2 employees.