Rutherford County Visual Artists Guild

Analysis

Rutherford County Visual Artists Guild is a registered charity in United States, based in Rutherfordton, NC. It received its IRS tax-exemption ruling in February 2003, 23 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, Rutherford County Visual Artists Guild reported income of $71k and spending of $72k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $83k to $71k (-15%), an average of -15% a year. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rutherford County Visual Artists Guild sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within NC. Charities of a similar size with the same main cause include Peaceweavers Inc ($71k), Russian Chamber Art Society ($71k) and Abbey Players Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.9% and program service revenue 81% of the total. At year end it held assets of $76k against liabilities of $666, net assets of $75k.