Geneva Lake Arts Foundation Inc

Analysis

Geneva Lake Arts Foundation Inc is a registered charity in United States, based in Lake Geneva, WI. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Geneva Lake Arts Foundation Inc reported income of $103k and spending of $98k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $103k (+0.9%), an average of +0.9% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Geneva Lake Arts Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within WI. Charities of a similar size with the same main cause include Meridian Public School Foundation ($103k), Academy of Our Lady Fathers Guild ($103k) and Louisa May Alcott Ptsa ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.7% and program service revenue 45% of the total. At year end it held assets of $69k against liabilities of $8,056, net assets of $61k.