Hull Artists Studio Connection

Analysis

Hull Artists Studio Connection is a registered charity in United States, based in Hull, MA. It received its IRS tax-exemption ruling in April 2016, 10 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, Hull Artists Studio Connection reported income of $58k and spending of $43k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2021 to December 2023, income grew from $55k to $58k (+4.6%), an average of +4.6% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hull Artists Studio Connection sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 31st percentile within MA. Charities of a similar size with the same main cause include Palmdale Repertory Theatre Group ($58k), Philadelphia Stories Inc ($58k) and Buffalo Geological Society Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 21% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.