Artists Collective Spartanburg Inc

Analysis

Artists Collective Spartanburg Inc is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in January 2014, 12 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, Artists Collective Spartanburg Inc reported income of $174k and spending of $156k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $169k to $174k (+2.6%), an average of +1.3% a year. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artists Collective Spartanburg Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 56th percentile within SC. Charities of a similar size with the same main cause include Collis P Huntington Railroad Historical Society Inc ($174k), Daisy Airgun Museum ($174k) and Sustainable Path Foundation ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 48% of the total. Other salaries and wages came to $38k. At year end it held assets of $750k against liabilities of $608k, net assets of $142k. It reported 2 employees.