Bridgton Art Guild Inc

Analysis

Bridgton Art Guild Inc is a registered charity in United States, based in Bridgton, ME. It received its IRS tax-exemption ruling in September 2008, 18 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, Bridgton Art Guild Inc reported income of $143k and spending of $121k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $111k to $143k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bridgton Art Guild Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 39th percentile within ME. Charities of a similar size with the same main cause include The Korean Association of Greater Washington ($143k), Historic Wichita-Sedgwick County Inc ($143k) and Music From Japan Inc ($143k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.0% and program service revenue 76% of the total. At year end it held assets of $103k against liabilities of $1,706, net assets of $101k.