International Society of Glass Beadmakers Inc

Analysis

International Society of Glass Beadmakers Inc is a registered charity in United States, based in Avon, CT. It received its IRS tax-exemption ruling in May 2003, 23 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, International Society of Glass Beadmakers Inc reported income of $238k and spending of $216k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $193k to $238k (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, International Society of Glass Beadmakers Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within CT. Charities of a similar size with the same main cause include Filmmakers United ($238k), Estes Park Post 119 Charitable Foundation ($238k) and Greensboro Literary Organization ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. At year end it held assets of $300k against liabilities of $1,132, net assets of $299k.