Sculpture Fields at Montague Park

Analysis

Sculpture Fields at Montague Park is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in August 2012, 14 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, Sculpture Fields at Montague Park reported income of $710k and spending of $199k, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $266k to $710k (+167%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 94%. Over the whole period it spent 48% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sculpture Fields at Montague Park sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within TN. Charities of a similar size with the same main cause include Fairfax Symphony Orchestra ($710k), International Union of Geological Sciences ($710k) and Berkshire Music School Inc ($710k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $44k. At year end it held assets of $2.2m against liabilities of $442k, net assets of $1.7m. It reported 3 employees.