Canterbury Guild Inc

Analysis

Canterbury Guild Inc is a registered charity in United States, based in Michigan City, IN. It received its IRS tax-exemption ruling in August 1971, 55 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 December 2023, Canterbury Guild Inc reported income of $57k and spending of $82k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $116k to $57k (-51%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 156%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Canterbury Guild Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within IN. Charities of a similar size with the same main cause include New Jersey Tamil Sangam Inc ($57k), Hawkeye Community Theatre ($57k) and Montrose Center for the Arts ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 26% of the total. Other salaries and wages came to $23k. At year end it held assets of $195k against liabilities of $23k, net assets of $172k.