Lone Star Cowboy Poetry Gathering

Analysis

Lone Star Cowboy Poetry Gathering is a registered charity in United States, based in Alpine, TX. It received its IRS tax-exemption ruling in January 2021, 5 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 June 2024, Lone Star Cowboy Poetry Gathering reported income of $231k and spending of $242k, spending 105% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $155k to $231k (+49%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 56%. 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, Lone Star Cowboy Poetry Gathering sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include 9-11 Memorial Garden of Reflection Inc ($231k), Newark Science and Sustainability ($231k) and Foundation for Nuclear Studies ($230k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 77% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.