Marlboro Civic Center Foundation

Analysis

Marlboro Civic Center Foundation is a registered charity in United States, based in Bennettsville, SC. It received its IRS tax-exemption ruling in July 2014, 12 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 March 2024, Marlboro Civic Center Foundation reported income of $121k and spending of $151k, spending 124% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $130k to $121k (-6.3%), an average of -1.6% a year. The sharpest change came in the year to March 2022, when income rose by 244%. 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, Marlboro Civic Center Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 47th percentile within SC. Charities of a similar size with the same main cause include Sylvan Winds Inc ($121k), Dnangels ($121k) and Bidoun Projects Inc ($121k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 53% of the total. Compensation of current officers, directors and key employees was $37k (24% of expenses). At year end it held assets of $1.2m against liabilities of $2,017, net assets of $1.2m. It reported 3 employees.