The Anderson Center for the Arts

Analysis

The Anderson Center for the Arts is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 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, The Anderson Center for the Arts reported income of $717k and spending of $522k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $175k to $717k (+308%), an average of +60% a year. The sharpest change came in the year to December 2022, when income rose by 118%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Anderson Center for the Arts sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Mission Local SF ($716k), South Shore Art Center Inc ($717k) and Alumni Theater Company ($716k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $75k (14% of expenses). Other salaries and wages came to $130k. At year end it held assets of $797k against liabilities of $616k, net assets of $181k. It reported 4 employees.