South County Art Association

Analysis

South County Art Association is a registered charity in United States, based in Kingston, RI. It received its IRS tax-exemption ruling in January 1946, 80 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 2023, South County Art Association reported income of $571k and spending of $544k, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $329k to $571k (+74%), an average of +15% a year. The sharpest change came in the year to September 2021, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South County Art Association sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within RI. Charities of a similar size with the same main cause include Dreamwrights Youth & Family Theatre ($571k), National Society of the Colonial Dames of America State of Florida ($571k) and I Love Music Tour Inc ($571k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 30% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $58k (11% of expenses). Other salaries and wages came to $117k. It paid $10k in professional fundraising fees. At year end it held assets of $967k against liabilities of $115k, net assets of $852k. It reported 8 employees.