Art Guild at Fairfield Glade

Analysis

Art Guild at Fairfield Glade is a registered charity in United States, based in Crossville, TN. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Art Guild at Fairfield Glade reported income of $85k and spending of $68k, leaving 20% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $315k to $85k (-73%), an average of -48% a year. The sharpest change came in the year to December 2022, when income dropped by 68%. Over the whole period it spent 54% 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 Guild at Fairfield Glade sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within TN. Charities of a similar size with the same main cause include A L Lewis Historical Society ($85k), Livonia Civic Chorus ($85k) and National Fenton Glass Society Incorporated ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 31% of the total. At year end it held assets of $437k against liabilities of $87k, net assets of $349k.