The@alta Arts

Analysis

The@alta Arts is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2020, 6 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@alta Arts reported income of $127k and spending of $134k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $128k to $127k (-0.5%), an average of -0.5% a year. Over the whole period it spent 101% 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@alta Arts sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include National Trust for the Humanities ($127k), Vocal Ease Inc ($127k) and American Indian Council ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $11k against liabilities of $4,049, net assets of $6,624.