Backstreet Community Arts Inc

Analysis

Backstreet Community Arts Inc is a registered charity in United States, based in Newnan, GA. It received its IRS tax-exemption ruling in September 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 December 2023, Backstreet Community Arts Inc reported income of $79k and spending of $123k, spending 156% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $118k to $79k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 130% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Backstreet Community Arts Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within GA. Charities of a similar size with the same main cause include Dance Theatre Seattle ($79k), Americas Tractor Museum Inc ($79k) and Carquinez Model Railroad Society Incorporated ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.