Seven Stars Arts Center Inc

Analysis

Seven Stars Arts Center Inc is a registered charity in United States, based in Sharon, VT. It received its IRS tax-exemption ruling in April 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Seven Stars Arts Center Inc reported income of $84k and spending of $80k, spending 95% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $75k to $84k (+12%), an average of +12% a year. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Seven Stars Arts Center Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 24th percentile within VT. Charities of a similar size with the same main cause include New Paltz Ballet Theatre Inc ($84k), Integrity Research Institute ($84k) and Family First ($84k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $171k against liabilities of $550, net assets of $171k.