Guam Humanities Council Inc
Analysis
Guam Humanities Council Inc is a registered charity in United States, based in Tumon, GU. It received its IRS tax-exemption ruling in March 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 October 2023, Guam Humanities Council Inc reported income of $794k and spending of $790k, spending 99% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $676k to $794k (+17%), an average of +4.1% a year. The sharpest change came in the year to October 2020, when income rose by 23%. 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, Guam Humanities Council Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 70th percentile within GU. Charities of a similar size with the same main cause include National Association of Veterans Research and Education Foundations ($794k), Houston Heights Association ($794k) and Friends of the Tybee Theater ($793k).
On its Form 990 for the period ending October 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $290k (37% of expenses). At year end it held assets of $199k against liabilities of $103k, net assets of $95k. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| National Association of Veterans Research and Education Foundations | Washington | $794k |
| Houston Heights Association | Houston | $794k |
| Friends of the Tybee Theater | Tybee Island | $793k |
| Craft Lake City | Salt Lake Cty | $794k |