Indiana Heritage Quilt Show Inc

Analysis

Indiana Heritage Quilt Show Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in November 1997, 29 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 April 2024, Indiana Heritage Quilt Show Inc reported income of $75k and spending of $66k, spending 88% of its income. Across the 2 years on record, from April 2023 to April 2024, income fell from $78k to $75k (-3.8%), an average of -3.8% a year. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Indiana Heritage Quilt Show Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within IN. Charities of a similar size with the same main cause include Super Museum Historic Foundation Inc NFP ($75k), Pinal County Veterans Memorial Foundation ($75k) and Womensing ($75k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 7.6% and program service revenue 91% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.