Abilene Heritage Square Inc

Analysis

Abilene Heritage Square Inc is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in February 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 June 2024, Abilene Heritage Square Inc reported income of $22.0m and spending of $182k, leaving 99% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $21.6m to $22.0m (+1.8%), an average of +0.5% a year. The sharpest change came in the year to June 2024, when income rose by 255%. Over the whole period it spent 1.9% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Abilene Heritage Square Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Nashville Symphony Association ($22.0m), Fenimore Art Museum ($22.0m) and Fine Arts Museums Foundation ($22.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% of the total. At year end it held assets of $77.9m against liabilities of $0, net assets of $77.9m.