Great Smoky Mountain Heritage Center Inc

Analysis

Great Smoky Mountain Heritage Center Inc is a registered charity in United States, based in Townsend, TN. It received its IRS tax-exemption ruling in June 2001, 25 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, Great Smoky Mountain Heritage Center Inc reported income of $952k and spending of $966k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $770k to $952k (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Great Smoky Mountain Heritage Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within TN. Charities of a similar size with the same main cause include All Ages Music Portland ($952k), Childrens Chorus of Washington ($952k) and Land Grant University Tax Education Foundation Inc ($952k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $87k (9.0% of expenses). At year end it held assets of $4.2m against liabilities of $1.1m, net assets of $3.2m. It reported 16 employees.