Potosi Fine Arts Club

Analysis

Potosi Fine Arts Club is a registered charity in United States, based in Potosi, WI. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Potosi Fine Arts Club reported income of $56k and spending of $54k, spending 96% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $30k to $56k (+89%), an average of +88% a year. The sharpest change came in the year to June 2024, when income rose by 89%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Potosi Fine Arts Club sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within WI. Charities of a similar size with the same main cause include Lakeshore Elementary School PTO ($56k), Amity School Childrens Aid ($56k) and Towson High School Music Boosters Inc ($56k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 38% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.