Breckenridge Library and Fine Arts Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Breckenridge Library and Fine Arts Foundation is a 501(c)(3) organization based in Breckenridge, Texas, registered in 1983, with $494,861 in FY2024 revenue. CharityIndex grades it C+.
Po Box 752, Breckenridge, TX, 76424 EIN 75-1891984 Since 1983
Revenue (FY2024)
$495K
▼ 0.1% vs prior year
Expenses (FY2024)
$360K
Net assets
$5.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Breckenridge Library and Fine Arts Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating183 mo reserves · +27% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Breckenridge Library and Fine Arts Foundation: 183 mo reserves · +27% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Breckenridge Library and Fine Arts Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Breckenridge Library and Fine Arts Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 752, Breckenridge, TX, 76424
- City
- Breckenridge
- State
- Texas
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $443K (FY2020) to $495K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $6,962Net assets $5.5M
Operating margin
27.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.5M
Total liabilities
$6,962
Net assets
$5.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $494,861▼0.1% | $360,039▼3.5% | $5,491,873▲2.5% | $5,498,835▲2.7% | 990PF |
| 2023 | $495,128▲21.4% | $373,102▲30.2% | $5,356,141▲2.3% | $5,355,522▼0.5% | 990PF |
| 2022 | $407,739▼6.2% | $286,525▼6.5% | $5,234,115▲2.4% | $5,383,555▲5.3% | 990PF |
| 2021 | $434,821▼1.8% | $306,470▲1.1% | $5,112,901▲2.6% | $5,112,282▲2.6% | 990PF |
| 2020 | $442,733 | $303,228 | $4,984,550 | $4,984,558 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $248K total
17 grants to Breckenridge Library and Fine Arts Foundation totaling $248K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation of North Texas | To complete the removal and installation of the carpet in the main gallery of the fine art center after problems were discovered behind the carpet on the walls | 2024 | $25,000 |
| Community Foundation of North Texas | For main gallary wall carpet replacement | 2024 | $10,000 |
| Community Foundation of North Texas | To replace two (2) sixteen-year-old ac/heat pump units on the breckenridge fine art center, one (1) 7.5 ton unit on the main exhibit gallery and one (1) 3 ton unit for the kitchen area | 2023 | $30,000 |
| Community Foundation of North Texas | To replace two (2) sixteen-year-old ac/heat pump units on the breckenridge fine art center, one (1) 7.5 ton unit on the main exhibit gallery and one (1) 3 ton unit for the kitchen area | 2023 | $30,000 |
| Community Foundation of North Texas | To replace 40-year-old lighting system throughout the fine arts center and to purchase a small sound system for programs and art workshops | 2023 | $25,000 |
| Community Foundation of North Texas | To replace 40-year-old lighting system throughout the fine arts center and to purchase a small sound system for programs and art workshops | 2023 | $25,000 |
| Community Foundation of North Texas | To replace a 19 year old 7.5 ton ac/heat pump unit on the fine art center | 2022 | $15,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2020 | $5,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2020 | $5,000 |
| Community Foundation of North Texas | To assist with replacing an 11 year old 10 ton air/heat unit on top of building and to replace an 18 year old 4 ton air/heat unit on top of building | 2019 | $20,000 |
| Community Foundation of North Texas | To breckenridge fine art center to replace a 5 ton 10 year old air conditioner/heat pump on the roof of the fine art center that cools and heats the art lesson workshop area in the fine art center | 2019 | $6,100 |
| Community Foundation of North Texas | For the breckenridge fine arts center to assist with replacing 35 year old carpet on the walls of the main art gallery and in the entrance wall where exhibits are hung for rotating art shows | 2018 | $8,200 |
| Community Foundation of North Texas | For general purposes | 2017 | $5,000 |
| Community Foundation of North Texas | To update and repair parking lot | 2017 | $3,800 |
| Community Foundation of North Texas | In honor of polly pitzer; mr. & mrs. phil pitzer; mr. & mrs. john connally; mr. & mrs. scott harris; mr. & mrs. tom echols | 2015 | $5,000 |
Frequently asked questions
- Is Breckenridge Library and Fine Arts Foundation a legitimate nonprofit?
- Yes. Breckenridge Library and Fine Arts Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-1891984, based in Breckenridge, Texas. Donations are tax-deductible.
- What is Breckenridge Library and Fine Arts Foundation's EIN?
- Breckenridge Library and Fine Arts Foundation's Employer Identification Number (EIN) is 75-1891984.
- How much revenue does Breckenridge Library and Fine Arts Foundation report?
- Breckenridge Library and Fine Arts Foundation reported $494,861 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Breckenridge Library and Fine Arts Foundation have?
- CharityIndex grades Breckenridge Library and Fine Arts Foundation C+, based on financial health (reserves and operating margin).
More nonprofits in Breckenridge
Explore more
Data for Breckenridge Library and Fine Arts Foundation (EIN 75-1891984) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.