New Harmony Artists Guild Inc

Analysis

New Harmony Artists Guild Inc is a registered charity in United States, based in New Harmony, IN. It received its IRS tax-exemption ruling in July 2020, 6 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, New Harmony Artists Guild Inc reported income of $176k and spending of $64k, leaving 64% of income unspent that year. Across the 6 years on record, from December 2015 to December 2023, income fell from $252k to $176k (-30%), an average of -6.9% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Harmony Artists Guild Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within IN. Charities of a similar size with the same main cause include Flock Theatre Company ($176k), Sierra Gold Parks Foundation ($176k) and Harriton Association ($176k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.