The Sanford Brush Palette Club

Analysis

The Sanford Brush Palette Club is a registered charity in United States, based in Sanford, NC. It received its IRS tax-exemption ruling in March 2012, 14 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, The Sanford Brush Palette Club reported income of $78k and spending of $49k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $78k (+10%), an average of +10% a year. Over the whole period it spent 63% 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 Sanford Brush Palette Club sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include Shutterbugs 4 Charity ($78k), Mississippi Maritime Museum Inc ($78k) and Pittsburg-Camp County Museum Association Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 10% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.