Mooresville Artist Guild

Analysis

Mooresville Artist Guild is a registered charity in United States, based in Mooresville, NC. It received its IRS tax-exemption ruling in January 1997, 29 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, Mooresville Artist Guild reported income of $218k and spending of $192k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $181k to $218k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mooresville Artist Guild sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NC. Charities of a similar size with the same main cause include Eldorado Band Booster Club ($218k), Grow Mongolia Inc ($218k) and Friends of the Bulldog Marching Band ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $22k (11% of expenses). Other salaries and wages came to $29k. At year end it held assets of $222k against liabilities of $13k, net assets of $209k. It reported 4 employees.