Artplace Mississippi Inc

Analysis

Artplace Mississippi Inc is a registered charity in United States, based in Greenwood, MS. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Artplace Mississippi Inc reported income of $128k and spending of $166k, spending 130% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $133k to $128k (-4.0%), an average of -1.4% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Artplace Mississippi Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within MS. Charities of a similar size with the same main cause include Parent Booster USA Inc ($128k), Worthy Johnson Scholarship Trust Inc ($128k) and Institute for Education in Retirement Inc ($128k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Other salaries and wages came to $55k. At year end it held assets of $247k against liabilities of $1,820, net assets of $245k. It reported 6 employees.