Spotlight Arts Collective Inc

Analysis

Spotlight Arts Collective Inc is a registered charity in United States, based in Frankfort, IL. It received its IRS tax-exemption ruling in January 2018, 8 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 June 2023, Spotlight Arts Collective Inc reported income of $93k and spending of $85k, spending 92% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $79k to $93k (+18%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Spotlight Arts Collective Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within IL. Charities of a similar size with the same main cause include Woodbury Days Council ($93k), Bourbon County High Band Inc ($93k) and Milonee of Colorado ($93k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 81% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.