Land O Lakes Area Artisans Inc
Analysis
Land O Lakes Area Artisans Inc is a registered charity in United States, based in Land O Lakes, WI. 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, Land O Lakes Area Artisans Inc reported income of $144k and spending of $158k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $144k to $144k (-0.2%), an average of +-0.0% a year. Over the whole period it spent 102% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Land O Lakes Area Artisans Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within WI. Charities of a similar size with the same main cause include Henderson Castle Foundation ($144k), Historical Society of Windham County Inc ($144k) and Margret and H a Rey Center Inc ($144k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 22% of the total. Other salaries and wages came to $74k. At year end it held assets of $477k against liabilities of $0, net assets of $477k. It reported 2 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 59%
- Program services 22%
- Other 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Henderson Castle Foundation | Kalamazoo | $144k |
| Historical Society of Windham County Inc | Newfane | $144k |
| Margret and H a Rey Center Inc | Watervl Vly | $144k |
| A Compas Inc | Santa Barbara | $144k |