Mountain State Art & Craft Fair Inc

Analysis

Mountain State Art & Craft Fair Inc is a registered charity in United States, based in Ripley, WV. It received its IRS tax-exemption ruling in June 1966, 60 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mountain State Art & Craft Fair Inc reported income of $141k and spending of $133k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $151k to $141k (-6.8%), an average of -2.3% a year. The sharpest change came in the year to December 2022, when income rose by 129%. 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, Mountain State Art & Craft Fair Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within WV. Charities of a similar size with the same main cause include Endure Charities Inc ($141k), Preservation Society of Ellicott Hill ($141k) and Association for Gravestone Studies ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. At year end it held assets of $84k against liabilities of $1,457, net assets of $82k.