The Art Institute of Houston LLC
Closed

The Art Institute of Houston LLC
Closed

Carnegie, PA, US
•
a.k.a ART INSTITUTE OF HOUSTON LLC
•
501(c)3
•
EIN
81-5166672
•
www.artinstitutes.edu
•
School

The Art Institute of Houston LLC
Closed

Carnegie, PA, US
•
a.k.a ART INSTITUTE OF HOUSTON LLC
•
501(c)3
•
EIN
81-5166672
•
www.artinstitutes.edu
•
School
Overview
Programs
990s
Income Statement
Balance Sheet
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Income Statement

Fiscal Year Start:
Jan 1
Closed

This organization closed in 2023. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Revenues in 2023

$7,503,078

Program Services
75%
Other
25%
Government Grants
<1%
Investments
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2023

$10,590,772

Fees to Service Providers
37%
Offices, Occupancy & IT
34%
Salaries & Benefits
11%
Other
8%
Grants
6%
Depreciation
4%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2022
2023
Change
Contributions
$1,449
$0
-100%
Government Grants
$184,292
$18,257
-90%
Fundraising Events
$0
$0
-
Program Services
$8,842,516
$5,611,682
-37%
Membership Dues
$0
$0
-
Investments
$2,130
$1,304
-39%
Other
$7,313,423
$1,871,835
-74%
Total Revenues
$16,343,810
$7,503,078
-54%
Expenses
2022
2023
Change
Grants
$4,591,358
$649,437
-86%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,692,978
$1,125,932
-33%
Fees to Service Providers
$4,527,828
$3,947,952
-13%
Advertising & Promotion
$844,930
$59,447
-93%
Offices, Occupancy & IT
$4,523,478
$3,571,802
-21%
Interest
$0
$0
-
Depreciation
$705,554
$410,553
-42%
Other
$2,706,968
$825,649
-69%
Total Expenses
$19,593,094
$10,590,772
-46%
Net income
2022
2023
Change
Net income
-$3,249,284
-$3,087,694
+5%
Functional Expenses
Summary
2022
2023
Change
Program
$7,394,611
$2,710,031
-63%
Admin
$12,198,483
$7,880,741
-35%
Fundraising
$0
$0
-
Total Expenses
$19,593,094
$10,590,772
-46%
Income Statement
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