Craft Guild of Dallas Inc

Analysis

Craft Guild of Dallas Inc is a registered charity in United States, based in Carrollton, TX. It received its IRS tax-exemption ruling in September 1985, 41 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Craft Guild of Dallas Inc reported income of $1.1m and spending of $895k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $581k to $1.1m (+83%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Craft Guild of Dallas Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Port Townsend Marine Science Center ($1.1m), The Country Playhouse Inc ($1.1m) and The 390th Memorial Museum Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.0% and program service revenue 93% of the total. Other salaries and wages came to $36k. At year end it held assets of $648k against liabilities of $765, net assets of $647k. It reported 1 employees.