Middle Georgia Art Association Inc

Analysis

Middle Georgia Art Association Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in March 1969, 57 years ago. 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 May 2024, Middle Georgia Art Association Inc reported income of $59k and spending of $58k, spending 99% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $57k to $59k (+3.3%), an average of +3.3% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Middle Georgia Art Association Inc sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within GA. Charities of a similar size with the same main cause include PTA Delaware Congress ($59k), Somers Parents Soccer Association Inc ($59k) and PTA Texas Congress ($59k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 5.8% and program service revenue 12% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.