The Lodges at Banning Mills Retreat and Conservation Center Inc

Analysis

The Lodges at Banning Mills Retreat and Conservation Center Inc is a registered charity in United States, based in Whitesburg, GA. It received its IRS tax-exemption ruling in May 2005, 21 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, The Lodges at Banning Mills Retreat and Conservation Center Inc reported income of $8.8m and spending of $8.2m, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $6.3m to $8.8m (+41%), an average of +12% a year. 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, The Lodges at Banning Mills Retreat and Conservation Center Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Rialto Theatre Foundation ($8.8m), Historic Deerfield Inc ($8.9m) and LA Jolla Music Society ($8.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $78k (0.9% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $11.6m against liabilities of $7.8m, net assets of $3.8m. It reported 158 employees.