Islamic Arts Society

Analysis

Islamic Arts Society is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in February 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 (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, Islamic Arts Society reported income of $123k and spending of $70k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $140k to $123k (-12%), an average of -12% a year. Over the whole period it spent 39% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Islamic Arts Society sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Social Science History Association ($123k), Miami International Ballet Competition ($123k) and Friends of Beattie-Powers Place Inc ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 30% of the total. At year end it held assets of $264k against liabilities of $0, net assets of $264k. It reported 7 employees.