Arts Monongahela Inc

Analysis

Arts Monongahela Inc is a registered charity in United States, based in Morgantown, WV. It received its IRS tax-exemption ruling in June 2000, 26 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, Arts Monongahela Inc reported income of $73k and spending of $155k, spending 213% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $176k to $73k (-58%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts Monongahela Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within WV. Charities of a similar size with the same main cause include Art-In-The-Park Community Cultural Programs ($73k), School for Strings ($73k) and Troop of Actors ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $40k. At year end it held assets of $81k against liabilities of $4,100, net assets of $77k.