Layton Art Collection Inc

Analysis

Layton Art Collection Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in November 1984, 42 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 December 2023, Layton Art Collection Inc reported income of $153k and spending of $122k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $77k to $153k (+99%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Layton Art Collection Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within WI. Charities of a similar size with the same main cause include Wysox Volunteer Fire Company ($153k), Hamilton Recreation Inc ($153k) and World at Ease Inc ($153k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.