Patron of the Arts in Rural Communities

Analysis

Patron of the Arts in Rural Communities is a registered charity in United States, based in Beaver Island, MI. It received its IRS tax-exemption ruling in August 2013, 13 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 September 2023, Patron of the Arts in Rural Communities reported income of $108k and spending of $132k, spending 122% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $119k to $108k (-8.8%), an average of -8.8% a year. Over the whole period it spent 116% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Patron of the Arts in Rural Communities sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within MI. Charities of a similar size with the same main cause include Mouse River Players ($108k), Starry Night Theatre Inc ($108k) and Cineaste Inc ($108k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. At year end it held assets of $54k against liabilities of $67k, net assets of -$13k.