South Coast Artists Inc
Analysis
South Coast Artists Inc is a registered charity in United States, based in Westport, MA. It received its IRS tax-exemption ruling in August 2010, 16 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, South Coast Artists Inc reported income of $59k and spending of $60k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $71k to $59k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 99% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Coast Artists Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 32nd percentile within MA. Charities of a similar size with the same main cause include Mark Thallander Foundation ($59k), Pompano Beach Historical Society Inc ($59k) and Wisconsin Canoe Museum ($59k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $73k against liabilities of $1,997, net assets of $71k.
Income and spending
Where the income comes from
- Contributions & grants 55%
- Program services 45%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mark Thallander Foundation | Palm Springs | $59k |
| Pompano Beach Historical Society Inc | Pompano Beach | $59k |
| Wisconsin Canoe Museum | Spooner | $59k |
| Shooting Star Productions | Saint Charles | $59k |