Bristol Trainstation Foundation

Analysis

Bristol Trainstation Foundation is a registered charity in United States, based in Bristol, VA. It received its IRS tax-exemption ruling in October 2017, 9 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, Bristol Trainstation Foundation reported income of $218k and spending of $369k, spending 169% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $175k to $218k (+25%), an average of +5.6% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 201% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bristol Trainstation Foundation sits at the 61st percentile: it is larger than about 61% 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 Augustana Arts Inc ($218k), Lone Star Film Society ($218k) and Boston Dragon Boat Festival Inc ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Other salaries and wages came to $56k. At year end it held assets of $3.3m against liabilities of $28k, net assets of $3.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.