Borderless Arts Tennessee
Analysis
Borderless Arts Tennessee is a registered charity in United States, based in Gallatin, TN. It received its IRS tax-exemption ruling in November 2002, 24 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 September 2024, Borderless Arts Tennessee reported income of $162k and spending of $147k, spending 91% of its income. Across the 6 years on record, from September 2019 to September 2024, income grew from $120k to $162k (+35%), an average of +6.1% a year. The sharpest change came in the year to September 2024, when income rose by 34%. Over the whole period it spent 89% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Borderless Arts Tennessee sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within TN. Charities of a similar size with the same main cause include Clague Playhouse Inc ($162k), The Chicago Ballet ($162k) and Iron Mountain Railway ($162k).
On its Form 990 for the period ending September 2024, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $45k. At year end it held assets of $254k against liabilities of $2,485, net assets of $251k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 3.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Clague Playhouse Inc | Westlake | $162k |
| The Chicago Ballet | Chicago | $162k |
| Iron Mountain Railway | Jackson | $162k |
| Theatre You Inc | Mountain View | $162k |