Appalachian Arts Craft Center Inc

Analysis

Appalachian Arts Craft Center Inc is a registered charity in United States, based in Clinton, TN. It received its IRS tax-exemption ruling in August 1975, 51 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, Appalachian Arts Craft Center Inc reported income of $153k and spending of $121k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $153k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. 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, Appalachian Arts Craft Center Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within TN. Charities of a similar size with the same main cause include Philippine Center of Minnesota ($153k), Johnstown Concert Ballet ($153k) and Friends of Lyndon B Johnson ($153k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $39k (32% of expenses). At year end it held assets of $351k against liabilities of $17k, net assets of $334k. It reported 3 employees.