Manship Artist Residence and Studios Inc

Analysis

Manship Artist Residence and Studios Inc is a registered charity in United States, based in Gloucester, MA. It received its IRS tax-exemption ruling in February 2016, 10 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, Manship Artist Residence and Studios Inc reported income of $288k and spending of $213k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $140k to $288k (+106%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 137%. 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, Manship Artist Residence and Studios Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include Flying V Ltd ($288k), Institute for Cultural Evolution ($288k) and Lakeville Community Access Media Inc ($288k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $38k (18% of expenses). It paid $4,386 in professional fundraising fees. At year end it held assets of $982k against liabilities of $220k, net assets of $763k. It reported 1 employees.