Art Factory Houston Inc

Analysis

Art Factory Houston Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2019, 7 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, Art Factory Houston Inc reported income of $190k and spending of $184k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $166k to $190k (+14%), an average of +14% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art Factory Houston Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Eagle Theatre Inc ($190k), The Biodiversity Group ($190k) and Long Island Japanese Culture Association Inc ($190k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. At year end it held assets of $6,203 against liabilities of $0, net assets of $6,203.