Art Spaces - Wabash Valley Outdoor Sculpture Collection

Analysis

Art Spaces - Wabash Valley Outdoor Sculpture Collection is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in June 2005, 21 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, Art Spaces - Wabash Valley Outdoor Sculpture Collection reported income of $194k and spending of $236k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $282k to $194k (-31%), an average of -9.0% a year. The sharpest change came in the year to December 2021, when income rose by 84%. 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, Art Spaces - Wabash Valley Outdoor Sculpture Collection sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within IN. Charities of a similar size with the same main cause include International Remote Viewing Association ($194k), Sunhouse Guild Association ($194k) and The Furniture Society ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $51k (22% of expenses). Other salaries and wages came to $39k. At year end it held assets of $326k against liabilities of $0, net assets of $326k. It reported 2 employees.