Ausable Artisan Village

Analysis

Ausable Artisan Village is a registered charity in United States, based in Grayling, MI. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ausable Artisan Village reported income of $332k and spending of $227k, leaving 32% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $137k to $332k (+142%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ausable Artisan Village sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within MI. Charities of a similar size with the same main cause include Friends of Linden Hill Inc ($332k), Make Studio Art Program Inc ($332k) and Mississippi Metropolitan Ballet ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Other salaries and wages came to $72k. At year end it held assets of $696k against liabilities of $362k, net assets of $334k. It reported 2 employees.