Austin Tap Ensemble Foundation Inc

Analysis

Austin Tap Ensemble Foundation Inc is a registered charity in United States, based in Leander, TX. It received its IRS tax-exemption ruling in March 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, Austin Tap Ensemble Foundation Inc reported income of $160k and spending of $121k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $127k to $160k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Austin Tap Ensemble Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Historic Russellville Inc ($160k), Noyes School of Rhythm Foundation Incorporated Shepherds Nine ($160k) and Historic Beverly Preservation Inc ($160k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 36% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.