Greenville Center for Creative Arts

Analysis

Greenville Center for Creative Arts is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greenville Center for Creative Arts reported income of $1.0m and spending of $970k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $779k to $1.0m (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greenville Center for Creative Arts sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within SC. Charities of a similar size with the same main cause include Chabad Jewish Community of Central London Inc ($1.0m), Cape Ann Regional Cable Television Access Corp ($1.0m) and Access Art Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $140k (14% of expenses). Other salaries and wages came to $328k. At year end it held assets of $3.3m against liabilities of $810k, net assets of $2.5m. It reported 10 employees.