North Gwinnett Arts Association Inc

Analysis

North Gwinnett Arts Association Inc is a registered charity in United States, based in Suwanee, GA. It received its IRS tax-exemption ruling in July 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North Gwinnett Arts Association Inc reported income of $205k and spending of $198k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $194k to $205k (+5.5%), an average of +5.5% 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, North Gwinnett Arts Association Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within GA. Charities of a similar size with the same main cause include International Foundation of American Historical Society of Ger ($205k), Theresa Wang Chinese Culture Center Inc ($205k) and Los Angeles Lawyers Philharmonic ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $52k (26% of expenses). At year end it held assets of $78k against liabilities of $17k, net assets of $61k.