Bloomington Creative Glass Center

Analysis

Bloomington Creative Glass Center is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in August 2014, 12 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, Bloomington Creative Glass Center reported income of $301k and spending of $213k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $283k to $301k (+6.3%), an average of +6.3% a year. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bloomington Creative Glass Center sits at the 68th 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 61st percentile within IN. Charities of a similar size with the same main cause include National Jewish Theater Foundation Inc ($301k), Downeast Rail Heritage Preservation Trust ($301k) and Georgia Metropolitan Dance Theatre Inc ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $23k (11% of expenses). Other salaries and wages came to $48k. At year end it held assets of $373k against liabilities of $1,662, net assets of $372k. It reported 18 employees.