Charleston Artist Guild

Analysis

Charleston Artist Guild is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in November 1995, 31 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 April 2024, Charleston Artist Guild reported income of $396k and spending of $368k, spending 93% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $310k to $396k (+28%), an average of +6.3% a year. The sharpest change came in the year to April 2022, when income rose by 26%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Charleston Artist Guild sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within SC. Charities of a similar size with the same main cause include New England Quilt Museum ($396k), Lumina Studio Theatre ($396k) and Owensboro Area Museum of Science and History Inc ($396k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 18% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $46k (13% of expenses). At year end it held assets of $566k against liabilities of $0, net assets of $566k. It reported 1 employees.