Edwardsville Arts Center

Analysis

Edwardsville Arts Center is a registered charity in United States, based in Edwardsville, IL. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Edwardsville Arts Center reported income of $69k and spending of $109k, spending 159% of what it took in. Across the 3 years on record, from August 2022 to December 2023, income fell from $253k to $69k (-73%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Edwardsville Arts Center sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within IL. Charities of a similar size with the same main cause include Silver Lake Youth Cheerleading Inc ($69k), Central Valley Senior Bowling Club ($69k) and Morning Star Outreach ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 77% of the total. At year end it held assets of $128k against liabilities of $3,792, net assets of $124k.