Ocean County Artists Guild Inc

Analysis

Ocean County Artists Guild Inc is a registered charity in United States, based in Island HGTS, NJ. It received its IRS tax-exemption ruling in June 1975, 51 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 December 2023, Ocean County Artists Guild Inc reported income of $118k and spending of $152k, spending 130% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $133k to $118k (-11%), an average of -12% a year. Over the whole period it spent 120% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ocean County Artists Guild Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 49th percentile within NJ. Charities of a similar size with the same main cause include Upper Arlington Band Boosters Inc ($117k), Friends of Starlight Concerts Inc ($118k) and Water Mill Museum ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 54% of the total. At year end it held assets of $408k against liabilities of $112k, net assets of $297k.