West Virginia Creative Network Inc

Analysis

West Virginia Creative Network Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in May 2003, 23 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, West Virginia Creative Network Inc reported income of $443k and spending of $570k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $167k to $443k (+166%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 208%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, West Virginia Creative Network Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within WV. Charities of a similar size with the same main cause include Sb3c Foundation Inc ($443k), Hancock County Auditorium Associates ($443k) and Zocalo Public Square ($443k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.2% of the total. At year end it held assets of $500k against liabilities of $31k, net assets of $468k.