Elm Street Cultural Arts Village Inc

Analysis

Elm Street Cultural Arts Village Inc is a registered charity in United States, based in Woodstock, GA. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Elm Street Cultural Arts Village Inc reported income of $1.9m and spending of $1.9m, spending 102% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $795k to $1.9m (+137%), an average of +24% a year. The sharpest change came in the year to July 2021, when income rose by 114%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Elm Street Cultural Arts Village Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include Boot Hill Museum Inc ($1.9m), Gateway to Science Center Inc ($1.9m) and Rhode Island Arts Foundation at Newport Incorporated ($1.9m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Other salaries and wages came to $592k. At year end it held assets of $1.8m against liabilities of $144k, net assets of $1.6m. It reported 44 employees.