Association of Artists and Craftsmen of Porter County Incorpo

Analysis

Association of Artists and Craftsmen of Porter County Incorpo is a registered charity in United States, based in Chesterton, IN. It received its IRS tax-exemption ruling in May 1961, 65 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, Association of Artists and Craftsmen of Porter County Incorpo reported income of $241k and spending of $244k, spending 102% of its income. Across the 2 years on record, from October 2022 to October 2023, income grew from $195k to $241k (+23%), an average of +23% a year. The sharpest change came in the year to October 2023, when income rose by 23%. 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, Association of Artists and Craftsmen of Porter County Incorpo sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IN. Charities of a similar size with the same main cause include Tara Circle Inc ($241k), Artreach St Croix ($241k) and Milwaukee Jazz Institute Inc ($241k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 32% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $49k (20% of expenses). Other salaries and wages came to $74k. At year end it held assets of $231k against liabilities of $8,036, net assets of $223k.