Bristol Friends of the Arts Inc

Analysis

Bristol Friends of the Arts Inc is a registered charity in United States, based in Bristol, VT. It received its IRS tax-exemption ruling in November 1991, 35 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 (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Bristol Friends of the Arts Inc reported income of $69k and spending of $69k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $69k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bristol Friends of the Arts Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 18th percentile within VT. Charities of a similar size with the same main cause include Soberscove Press ($69k), Hatch - a Hamtramck Art Collective ($69k) and Royal Albert Hall America Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $117k against liabilities of $6,170, net assets of $110k.