Factory Street Studio & Moving Parts Inc

Analysis

Factory Street Studio & Moving Parts Inc is a registered charity in United States, based in Athens, OH. It received its IRS tax-exemption ruling in April 1991, 35 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 July 2024, Factory Street Studio & Moving Parts Inc reported income of $143k and spending of $123k, spending 86% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $98k to $143k (+46%), an average of +46% a year. The sharpest change came in the year to July 2024, when income rose by 46%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Factory Street Studio & Moving Parts Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include St Peter and Paul Heritage Association ($143k), Grand Theater Foundation ($143k) and Ofm Research ($143k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $255k against liabilities of $72k, net assets of $182k.