Is Cleburne Performing Arts Foundation Legit?

Cleburne Performing Arts Foundation demonstrates a consistent commitment to its mission, as evidenced by its program spending. In the 202312 period, the organization reported expenses of $1,499,652 against revenues of $1,470,828, indicating spending slightly exceeded income. However, the organization maintains a healthy asset base, with assets of $1,003,068 in 202312, comfortably covering its liabilities of $623,939. The foundation's revenue has shown significant fluctuation over the years, from $330,811 in 201412 to a peak of $1,493,889 in 202112, and then $1,470,828 in 202312, suggesting a dynamic fundraising environment. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a focus on directing funds towards programmatic activities rather than executive salaries. This practice enhances public trust and demonstrates efficient use of donor contributions.