Friends of Tmaf

Analysis

Friends of Tmaf is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2022, 4 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 2022, Friends of Tmaf reported income of $58k and spending of $54k, spending 93% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $341k to $58k (-83%), an average of -83% a year. The sharpest change came in the year to December 2022, when income dropped by 83%. 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, Friends of Tmaf sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Wahi Studio Inc ($58k), Kokomo Community Concerts Inc ($58k) and Game Room ($58k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.