Mamaroneck Artists Guild Inc

Analysis

Mamaroneck Artists Guild Inc is a registered charity in United States, based in Larchmont, NY. It received its IRS tax-exemption ruling in October 1958, 68 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 March 2023, Mamaroneck Artists Guild Inc reported income of $77k and spending of $82k, spending 106% of what it took in. Across the 2 years on record, from March 2022 to March 2023, income grew from $72k to $77k (+8.1%), an average of +8.1% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mamaroneck Artists Guild Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include School of Painting Inc ($77k), Brattleboro Literary Festival Inc ($77k) and Kings Mountain Historical Museum Foundation ($77k).

On its Form 990-EZ for the period ending March 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $38k against liabilities of $27k, net assets of $11k.