Art of the Rural
Analysis
Art of the Rural is a registered charity in United States, based in Winona, MN. It received its IRS tax-exemption ruling in October 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 (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, Art of the Rural reported income of $638k and spending of $432k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $321k to $638k (+99%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 469%. Over the whole period it spent 76% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art of the Rural sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include American Chemical Society ($638k), Patrons of Exceptional Artists Inc ($638k) and Iqra Cultural Center Inc ($638k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $147k (34% of expenses). At year end it held assets of $616k against liabilities of $668, net assets of $615k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| American Chemical Society | Blacksburg | $638k |
| Patrons of Exceptional Artists Inc | Aventura | $638k |
| Iqra Cultural Center Inc | East Meadow | $638k |
| Sam and Alfreda Maloof Foundation for Arts and Crafts | Alta Loma | $638k |