Interfraternity Council Of The University Of Texas
- Assets
- $208.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 03/1969
- Data as of
- 03/2024
- EIN
- 74-1471313
Organization Overview
Interfraternity Council Of The University Of Texas is located in Austin, TX. The organization was established in 1969. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interfraternity Council Of The University Of Texas is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 03/2024, Interfraternity Council Of The University Of Texas generated $182.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $229.8k during the year ending 03/2024. While expenses have increased by 6.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
OUR ORGANIZATION EXISTS FOR THE BENEFIT OF OUR MEMBERS AND TO AID IN COLLECTIVE PHILANTHROPIC EFFORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Tanner President | 5 | $0 | |
Josh Bedingfiled Exec. Vice-Pres | 5 | $0 | |
Collins Grushey Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $57,565 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $124,813 |
| Total Revenue | $182,378 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $927 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1 |
| Other expenses | $228,893 |
| Total expenses | $229,821 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $208,616 |
| Other assets | $0 |
| Total assets | $208,616 |
| Total liabilities | $0 |
| Net assets or fund balances | $208,616 |