Marfa Invitational

Analysis

Marfa Invitational is a registered charity in United States, based in Marfa, TX. It received its IRS tax-exemption ruling in December 2023, 3 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, Marfa Invitational reported income of $839k and spending of $229k, leaving 73% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $839k (+1344%), an average of +1344% a year. The sharpest change came in the year to December 2023, when income rose by 1344%. Over the whole period it spent 29% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Marfa Invitational sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Oregon Music Education Association ($839k), Christian Youth Theater Houston ($839k) and Musical Arts Institute ($839k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $656k against liabilities of $22k, net assets of $634k.