Northfield Arts Guild

Analysis

Northfield Arts Guild is a registered charity in United States, based in Northfield, MN. It received its IRS tax-exemption ruling in June 1966, 60 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 August 2023, Northfield Arts Guild reported income of $651k and spending of $493k, leaving 24% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $502k to $651k (+30%), an average of +6.7% a year. The sharpest change came in the year to August 2023, when income rose by 34%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northfield Arts Guild sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include Boffo Inc ($651k), Richardson Architecture Center Inc ($651k) and Westford Community Access Television Inc ($651k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 60% and program service revenue 23% of the total. Other salaries and wages came to $223k. At year end it held assets of $943k against liabilities of $29k, net assets of $914k. It reported 18 employees.