Southside Art League Inc

Analysis

Southside Art League Inc is a registered charity in United States, based in Greenwood, IN. It received its IRS tax-exemption ruling in May 1979, 47 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, Southside Art League Inc reported income of $65k and spending of $51k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $65k (-2.3%), an average of -2.3% a year. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southside Art League 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 The Cold War Museum Inc ($65k), Ketcham Inn Foundatin Inc ($65k) and Kulshan Chorus ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. At year end it held assets of $62k against liabilities of $467, net assets of $62k.