Brickbottom Artists Association Inc

Analysis

Brickbottom Artists Association Inc is a registered charity in United States, based in Somerville, MA. It received its IRS tax-exemption ruling in January 1996, 30 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 December 2023, Brickbottom Artists Association Inc reported income of $55k and spending of $42k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $55k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brickbottom Artists Association Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 30th percentile within MA. Charities of a similar size with the same main cause include Culturehum Foundation ($55k), Radnor Hunt Concours Delegance Inc ($55k) and Gulf States Quilting Association Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 8.1% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.