Gilbert & Thyra Plass Arts Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Gilbert & Thyra Plass Arts Foundation Inc is a 501(c)(3) organization based in College Sta, Texas, with $73,567 in FY2024 revenue. CharityIndex grades it F.
2531 Earl Rudder Fwy S, College Sta, TX, 77845 EIN 74-2570709
Revenue (FY2024)
$74K
▼ 4.9% vs prior year
Expenses (FY2024)
$165K
Net assets
$2.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Gilbert & Thyra Plass Arts Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating166 mo reserves · -124% 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 Gilbert & Thyra Plass Arts Foundation Inc: 166 mo reserves · -124% margin earns a F 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 Gilbert & Thyra Plass Arts Foundation Inc— 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 Gilbert & Thyra Plass Arts Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2531 Earl Rudder Fwy S, College Sta, TX, 77845
- City
- College Sta
- State
- Texas
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $96K (FY2013) to $74K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.3M
Operating margin
-123.9%
Spent more than it raised in the latest fiscal year.
Total assets
$2.3M
Total liabilities
$0
Net assets
$2.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $73,567▼4.9% | $164,745▲4.7% | $2,276,126▼3.8% | $2,276,126▼3.8% | 990PF |
| 2023 | $77,346▲122% | $157,389▲4.1% | $2,366,738▼3.2% | $2,366,738▼3.2% | 990PF |
| 2022 | $34,774▼94.9% | $151,240▲8.4% | $2,445,887▼5.1% | $2,445,887▼5.1% | 990PF |
| 2021 | $681,769▲452% | $139,526▲22.2% | $2,578,216▲26.6% | $2,578,216▲26.6% | 990PF |
| 2020 | $123,447▼32.2% | $114,133▼5.1% | $2,035,968▲0.2% | $2,035,968▲0.2% | 990PF |
| 2019 | $181,959▲20.1% | $120,272▼8.5% | $2,032,183▲2.9% | $2,032,183▲2.9% | 990PF |
| 2018 | $151,538▲27.1% | $131,494▼5.9% | $1,974,746▲0.9% | $1,974,746▲0.9% | 990PF |
| 2017 | $119,186▲17.3% | $139,772▲7.0% | $1,957,836▼1.1% | $1,957,836▼1.1% | 990PF |
| 2016 | $101,634▲18.2% | $130,580▼17.3% | $1,980,394▼1.5% | $1,980,394▼1.5% | 990PF |
| 2015 | $85,975▼47.9% | $157,948▼3.1% | $2,009,607▼3.5% | $2,009,607▼3.5% | 990PF |
| 2014 | $164,937▲71.6% | $162,955▲17.3% | $2,082,782▲0.1% | $2,082,782▲0.1% | 990PF |
| 2013 | $96,120 | $138,870▼13.1% | $2,081,481▼2.0% | $2,081,481▼2.0% | 990PF |
| 2012 | — | $159,865▲14.6% | $2,124,423▼2.7% | $2,124,423▼2.7% | 990PF |
| 2011 | — | $139,533▼11.1% | $2,182,790▲1.0% | $2,182,790▲1.0% | 990PF |
| 2010 | — | $156,951 | $2,161,516 | $2,161,516 | 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.
Frequently asked questions
- Is Gilbert & Thyra Plass Arts Foundation Inc a legitimate nonprofit?
- Yes. Gilbert & Thyra Plass Arts Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-2570709, based in College Sta, Texas. Donations are tax-deductible.
- What is Gilbert & Thyra Plass Arts Foundation Inc's EIN?
- Gilbert & Thyra Plass Arts Foundation Inc's Employer Identification Number (EIN) is 74-2570709.
- How much revenue does Gilbert & Thyra Plass Arts Foundation Inc report?
- Gilbert & Thyra Plass Arts Foundation Inc reported $73,567 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Gilbert & Thyra Plass Arts Foundation Inc have?
- CharityIndex grades Gilbert & Thyra Plass Arts Foundation Inc F, based on financial health (reserves and operating margin).
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Data for Gilbert & Thyra Plass Arts Foundation Inc (EIN 74-2570709) 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.