Dunes Arts Foundation Inc

Analysis

Dunes Arts Foundation Inc is a registered charity in United States, based in Michigan City, IN. It received its IRS tax-exemption ruling in October 2014, 12 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 October 2023, Dunes Arts Foundation Inc reported income of $200k and spending of $186k, spending 93% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $138k to $200k (+46%), an average of +9.8% a year. The sharpest change came in the year to October 2021, when income rose by 78%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dunes Arts Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within IN. Charities of a similar size with the same main cause include Firehouse Dream Inc ($200k), Project Pit ($200k) and Denver Police Law Enforcement Museum ($200k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 13% and program service revenue 28% of the total. At year end it held assets of $464k against liabilities of -$782, net assets of $465k.