Suffolk Art League

Analysis

Suffolk Art League is a registered charity in United States, based in Suffolk, VA. It received its IRS tax-exemption ruling in February 1981, 45 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 May 2024, Suffolk Art League reported income of $219k and spending of $207k, spending 95% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $220k to $219k (-0.2%), an average of -0.2% a year. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Suffolk Art League sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include Flint Community Players Inc ($219k), Music Theatre Kansas City Inc ($219k) and Corrib Theatre ($219k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 51% and program service revenue 37% of the total. Other salaries and wages came to $94k. At year end it held assets of $362k against liabilities of $4,388, net assets of $357k. It reported 2 employees.