North Port Area Art Guild Inc

Analysis

North Port Area Art Guild Inc is a registered charity in United States, based in North Port, FL. It received its IRS tax-exemption ruling in November 1993, 33 years ago. 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, North Port Area Art Guild Inc reported income of $296k and spending of $294k, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $256k to $296k (+16%), an average of +4.9% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Port Area Art Guild Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Saranac Lake Volunteer Fire Company Inc ($296k), USA Swimming Inc ($296k) and California Association of Social Rehabilitation Agencies Inc ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 34% of the total. Other salaries and wages came to $60k. At year end it held assets of $200k against liabilities of $93k, net assets of $107k.