Texas Accountants & Lawyers For the Arts is a 501(c)(3) organization based in Austin, Texas, registered in 1980, with $209,490 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$209K
▲ 1.7% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$185K
Net assets
$160K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Texas Accountants & Lawyers For the Arts— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Texas Accountants & Lawyers For the Arts: 10 mo reserves · +12% margin earns a A on this criterion. See the exact thresholds →
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 Texas Accountants & Lawyers For the Arts— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Texas Accountants & Lawyers For the Arts: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $245K (FY2021) to $209K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
11.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$180K
Total liabilities
$20K
Net assets
$160K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $209,490▲1.7% | $184,969▼6.3% | $159,942▲18.1% | $179,942▲15.8% | 990 |
| 2023 | $206,045▲45.2% | $197,305▲2.8% | $135,421▲6.9% | $155,421▲6.0% | 990 |
| 2022 | $141,945▼42.0% | $191,978▲38.2% | $126,680▼28.3% | $146,680▼25.4% | 990 |
| 2021 | $244,676 | $138,942 | $176,713 | $196,713 | 990 |
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.
2 grants to Texas Accountants & Lawyers For the Arts totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $5,055 |
| American Online Giving Foundation Inc | General support | 2023 | $5,100 |
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Data for Texas Accountants & Lawyers For the Arts (EIN 74-2073687) 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.