Eastend Studio and Gallery

Analysis

Eastend Studio and Gallery is a registered charity in United States, based in Marshall, MI. It received its IRS tax-exemption ruling in May 2010, 16 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 (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, Eastend Studio and Gallery reported income of $222k and spending of $203k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $239k to $222k (-7.0%), an average of -1.8% a year. The sharpest change came in the year to December 2020, when income rose by 95%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Eastend Studio and Gallery sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MI. Charities of a similar size with the same main cause include Apa Heritage Foundation ($222k), Make Music Alliance Inc ($222k) and Sanctuary Arts School ($222k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $33k (16% of expenses). Other salaries and wages came to $30k. At year end it held assets of $880k against liabilities of $90k, net assets of $789k. It reported 1 employees.