Aim-Arts in McNairy

Analysis

Aim-Arts in McNairy is a registered charity in United States, based in Selmer, TN. It received its IRS tax-exemption ruling in January 2007, 19 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 June 2024, Aim-Arts in McNairy reported income of $179k and spending of $163k, spending 91% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $154k to $179k (+16%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 16%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aim-Arts in McNairy sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within TN. Charities of a similar size with the same main cause include Prabashi Association of Greater Portland ($179k), North Carolina Whirligig Festival ($179k) and Harlem Arts Alliance ($179k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 9.0% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.