Art Guild of Burlington Inc

Analysis

Art Guild of Burlington Inc is a registered charity in United States, based in Burlington, IA. It received its IRS tax-exemption ruling in April 1968, 58 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 December 2023, Art Guild of Burlington Inc reported income of $305k and spending of $340k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $290k to $305k (+5.4%), an average of +1.3% a year. The sharpest change came in the year to December 2020, when income rose by 15%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art Guild of Burlington Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within IA. Charities of a similar size with the same main cause include New Orleans Hispanic Heritage Foundation Inc ($305k), Brooks Preservation Society ($305k) and Polish Language School Inc ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 48% of the total. Other salaries and wages came to $137k. At year end it held assets of $833k against liabilities of $6,700, net assets of $826k. It reported 9 employees.