Artworks Big Rapids Area Arts and Humanities

Analysis

Artworks Big Rapids Area Arts and Humanities is a registered charity in United States, based in Big Rapids, MI. It received its IRS tax-exemption ruling in May 1988, 38 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 December 2023, Artworks Big Rapids Area Arts and Humanities reported income of $279k and spending of $302k, spending 108% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $378k to $279k (-26%), an average of -9.6% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Artworks Big Rapids Area Arts and Humanities sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include Brannan Charitable Trust ($279k), Harborfield Booster Club Inc ($279k) and The League Treatment Center Inc ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 11% of the total. Other salaries and wages came to $123k. At year end it held assets of $449k against liabilities of $13k, net assets of $436k. It reported 4 employees.