The Beckley Art Group Inc

Analysis

The Beckley Art Group Inc is a registered charity in United States, based in Beckley, WV. It received its IRS tax-exemption ruling in September 2006, 20 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 June 2023, The Beckley Art Group Inc reported income of $147k and spending of $195k, spending 133% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $224k to $147k (-34%), an average of -13% a year. The sharpest change came in the year to June 2021, when income dropped by 19%. Over the whole period it spent 104% 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 Beckley Art Group Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within WV. Charities of a similar size with the same main cause include Chisholm Trail Arts Council Inc ($147k), German Cultural Foundation ($147k) and December Publishing Inc ($147k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Other salaries and wages came to $129k. At year end it held assets of $337k against liabilities of $62, net assets of $337k.