Art Community Builders

Analysis

Art Community Builders is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in July 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 March 2024, Art Community Builders reported income of $172k and spending of $144k, spending 84% of its income. Across the 3 years on record, from March 2022 to March 2024, income grew from $96k to $172k (+80%), an average of +34% a year. The sharpest change came in the year to March 2024, when income rose by 112%. Over the whole period it spent 85% 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 Community Builders sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Lake Washington Symphony Orchestra ($172k), Montgomery County Historical Society ($172k) and Historic Arkansas Museum Foundation Inc ($172k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.