Boyne Arts Collective

Analysis

Boyne Arts Collective is a registered charity in United States, based in Boyne City, MI. It received its IRS tax-exemption ruling in October 2009, 17 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, Boyne Arts Collective reported income of $73k and spending of $58k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $73k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. 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, Boyne Arts Collective 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 28th percentile, and in the 28th percentile within MI. Charities of a similar size with the same main cause include Belladonna Series ($73k), Colorado Korean Chorus ($73k) and Nritya Arapana School of Indian Classical Dance ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 32% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.