Glass Art Kalamazoo Inc

Analysis

Glass Art Kalamazoo Inc is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in March 2004, 22 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, Glass Art Kalamazoo Inc reported income of $459k and spending of $440k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $395k to $459k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Glass Art Kalamazoo Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Sandwich Area Community Access Television Inc ($459k), Ventfort Hall Association Inc ($459k) and Wisconsin Livestock Identification Consortium Inc ($459k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $70k (16% of expenses). Other salaries and wages came to $174k. At year end it held assets of $309k against liabilities of $24k, net assets of $285k. It reported 18 employees.