Randolph Arts Guild

Analysis

Randolph Arts Guild is a registered charity in United States, based in Asheboro, NC. It received its IRS tax-exemption ruling in August 1982, 44 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 June 2024, Randolph Arts Guild reported income of $340k and spending of $201k, leaving 41% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $289k to $340k (+18%), an average of +3.3% a year. The sharpest change came in the year to June 2021, when income rose by 72%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Randolph Arts Guild sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Dance Fremont ($340k), Vermilion County Museum Society ($341k) and Arkansas Craft School ($340k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 15% of the total. Other salaries and wages came to $56k. At year end it held assets of $461k against liabilities of $1,683, net assets of $459k. It reported 7 employees.