Roswell Arts Fund Inc

Analysis

Roswell Arts Fund Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in October 2015, 11 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 June 2023, Roswell Arts Fund Inc reported income of $527k and spending of $403k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $343k to $527k (+53%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 105%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Roswell Arts Fund Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include Tibetan American Foundation of Minnesota Inc ($527k), Maryland Center for the Visual and Performing Arts Inc ($527k) and Bluebird Cultural Initiative ($526k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. Other salaries and wages came to $145k. At year end it held assets of $230k against liabilities of $6,674, net assets of $223k.