Galesburg Civic Art League Inc

Analysis

Galesburg Civic Art League Inc is a registered charity in United States, based in Galesburg, IL. It received its IRS tax-exemption ruling in October 1965, 61 years ago. 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 2023, Galesburg Civic Art League Inc reported income of $1.8m and spending of $265k, leaving 86% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $474k to $1.8m (+287%), an average of +97% a year. The sharpest change came in the year to June 2023, when income rose by 885%. Over the whole period it spent 25% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Galesburg Civic Art League Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Southwest 141 Street Housing Development Fund Company Inc ($1.8m), Westfield Co-Op Nursery School ($1.8m) and Great Falls Community Food Bank Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 4.1% of the total. Other salaries and wages came to $105k. At year end it held assets of $2.2m against liabilities of $163k, net assets of $2.0m. It reported 7 employees.