Art Alliance of Greensboro Inc

Analysis

Art Alliance of Greensboro Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in May 1999, 27 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, Art Alliance of Greensboro Inc reported income of $220k and spending of $222k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $237k to $220k (-6.8%), an average of -6.8% a year. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art Alliance of Greensboro Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NC. Charities of a similar size with the same main cause include Swiss Center of North America Inc ($220k), Sea Pines Forest Preserve Foundation ($221k) and Debes Creer En Ti ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Other salaries and wages came to $50k. At year end it held assets of $121k against liabilities of $1,583, net assets of $120k. It reported 1 employees.