Woodstock Fine Arts Association Incorporated

Analysis

Woodstock Fine Arts Association Incorporated is a registered charity in United States, based in Woodstock, IL. It received its IRS tax-exemption ruling in May 1964, 62 years ago. 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 June 2024, Woodstock Fine Arts Association Incorporated reported income of $63k and spending of $51k, spending 80% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $51k to $63k (+23%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Woodstock Fine Arts Association Incorporated sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within IL. Charities of a similar size with the same main cause include Kansas Construction Education Foundation ($63k), Harvard Club of Seattle ($63k) and Lincoln School P T O Oak Park ($63k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 52% of the total. At year end it held assets of $190k against liabilities of $0, net assets of $190k.