Mdsa Foundation

Analysis

Mdsa Foundation is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in May 2018, 8 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Mdsa Foundation reported income of $221k and spending of $206k, spending 93% of its income. Across the 3 years on record, from December 2019 to December 2022, income grew from $204k to $221k (+7.9%), an average of +3.9% a year. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mdsa Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include NXT Art Foundation Inc ($221k), Villa Sinfonia Foundation ($221k) and Chamber Music Amici ($221k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 6.2% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $5,750 (2.8% of expenses). At year end it held assets of $36k against liabilities of $18k, net assets of $17k.