The Sawtooth School for Visual Art

Analysis

The Sawtooth School for Visual Art is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in October 1970, 56 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 June 2024, The Sawtooth School for Visual Art reported income of $1.4m and spending of $1.5m, spending 103% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.1m to $1.4m (+27%), an average of +4.9% a year. The sharpest change came in the year to June 2020, when income dropped by 31%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Sawtooth School for Visual Art sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include South Dakota Humanities Council ($1.4m), Friends of Chamber Music ($1.4m) and Monthly Review Foundation ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 31% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $95k (6.6% of expenses). Other salaries and wages came to $784k. At year end it held assets of $884k against liabilities of $441k, net assets of $443k. It reported 30 employees.