West Tennessee Regional Art Center Inc

Analysis

West Tennessee Regional Art Center Inc is a registered charity in United States, based in Humboldt, TN. It received its IRS tax-exemption ruling in October 1993, 33 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 December 2023, West Tennessee Regional Art Center Inc reported income of $312k and spending of $44k, leaving 86% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $312k (+418%), an average of +418% a year. The sharpest change came in the year to December 2023, when income rose by 418%. Over the whole period it spent 25% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, West Tennessee Regional Art Center Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within TN. Charities of a similar size with the same main cause include Yellow Rose Gala Foundation ($312k), Dignity Inc ($312k) and Kairos Alive ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $18k. At year end it held assets of $371k against liabilities of $965, net assets of $370k. It reported 1 employees.