Hanover Area Arts Guild

Analysis

Hanover Area Arts Guild is a registered charity in United States, based in Hanover, PA. It received its IRS tax-exemption ruling in August 1978, 48 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 August 2024, Hanover Area Arts Guild reported income of $103k and spending of $85k, spending 83% of its income. Across the 3 years on record, from August 2022 to August 2024, income grew from $75k to $103k (+37%), an average of +17% a year. The sharpest change came in the year to August 2023, when income rose by 21%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hanover Area Arts Guild sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within PA. Charities of a similar size with the same main cause include Asunaro ($103k), Western Plains Arts Association ($103k) and South Milwaukee Industrial Museum LLC ($103k).

On its Form 990-EZ for the period ending August 2024, revenue came from program service revenue 93% of the total. At year end it held assets of $202k against liabilities of $7,725, net assets of $195k.