Morton Fine Arts Association

Analysis

Morton Fine Arts Association is a registered charity in United States, based in Morton, IL. It received its IRS tax-exemption ruling in March 2008, 18 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 June 2024, Morton Fine Arts Association reported income of $73k and spending of $52k, leaving 30% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $73k to $73k (+0.4%), an average of +0.4% a year. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Morton Fine Arts Association 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 29th percentile, and in the 30th percentile within IL. Charities of a similar size with the same main cause include Arts Alliance of Greater Waynesboro Inc ($73k), Doc Week Middleburg ($73k) and Berks County Monument Preservation Fund Inc ($73k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 53% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.