Arts on Alexander

Analysis

Arts on Alexander is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Arts on Alexander reported income of $390k and spending of $378k, spending 97% of its income. Across the 4 years on record, from July 2021 to July 2024, income grew from $55k to $390k (+608%), an average of +92% a year. The sharpest change came in the year to July 2022, when income rose by 145%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts on Alexander sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include The Navi Journey Corp ($390k), New Orleans Access Television Inc ($390k) and Monroe Council of the Arts Corporation ($390k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $151k against liabilities of $1,053, net assets of $150k.