Athens of Indiana Arts Studios & Gallery Inc

Analysis

Athens of Indiana Arts Studios & Gallery Inc is a registered charity in United States, based in Crawfordsvlle, IN. It received its IRS tax-exemption ruling in June 2012, 14 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, Athens of Indiana Arts Studios & Gallery Inc reported income of $66k and spending of $56k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $74k to $66k (-11%), an average of -3.0% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Athens of Indiana Arts Studios & Gallery Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within IN. Charities of a similar size with the same main cause include Camp Roberts Historical Museumfoundation ($66k), Polaris North ($66k) and Grand Rapids Media Initiative and Film Incubator ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. At year end it held assets of $48k against liabilities of $16k, net assets of $32k.