Schoolhouse History and Art Center Incorporated

Analysis

Schoolhouse History and Art Center Incorporated is a registered charity in United States, based in Colstrip, MT. It received its IRS tax-exemption ruling in June 1994, 32 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Schoolhouse History and Art Center Incorporated reported income of $127k and spending of $103k, spending 81% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $110k to $127k (+15%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 15%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Schoolhouse History and Art Center Incorporated sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within MT. Charities of a similar size with the same main cause include Vocal Ease Inc ($127k), Wild Rumpus Events Inc ($127k) and The@alta Arts ($127k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 82% of the total. At year end it held assets of $288k against liabilities of $549, net assets of $287k.