Bent Creek Institute Inc

Analysis

Bent Creek Institute Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover science and technology, 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 2023, Bent Creek Institute Inc reported income of $151k and spending of $148k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $280k to $151k (-46%), an average of -18% a year. The sharpest change came in the year to June 2022, when income dropped by 29%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bent Creek Institute Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NC. Charities of a similar size with the same main cause include Mosaic Arts Inc ($151k), Mississippi Industrial Heritage Museum Inc ($152k) and Sweet Grass Artists Alliance ($151k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Other salaries and wages came to $87k. At year end it held assets of $193k against liabilities of $73k, net assets of $120k. It reported 4 employees.