Arkansas Craft School

Analysis

Arkansas Craft School is a registered charity in United States, based in Mountain View, AR. It received its IRS tax-exemption ruling in October 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, Arkansas Craft School reported income of $340k and spending of $251k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $257k to $340k (+32%), an average of +7.3% a year. The sharpest change came in the year to June 2023, when income rose by 107%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arkansas Craft School sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within AR. Charities of a similar size with the same main cause include Turkish American Culturalassociation of Washington ($340k), Dance Fremont ($340k) and Charlotte Choir School ($340k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 14% of the total. Other salaries and wages came to $78k. At year end it held assets of $826k against liabilities of $131k, net assets of $695k.