Stumptown Art Studio

Analysis

Stumptown Art Studio is a registered charity in United States, based in Whitefish, MT. It received its IRS tax-exemption ruling in September 1996, 30 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, Stumptown Art Studio reported income of $509k and spending of $479k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $330k to $509k (+54%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stumptown Art Studio sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within MT. Charities of a similar size with the same main cause include Axiom Repertory Theatre ($509k), Victoria Ballet Theatre ($509k) and National Bowling Hall of Fame and Museum Inc ($509k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $54k (11% of expenses). Other salaries and wages came to $160k. At year end it held assets of $599k against liabilities of $282k, net assets of $317k. It reported 26 employees.