1761 Arts Inc

Analysis

1761 Arts Inc is a registered charity in United States, based in E Arlington, VT. It received its IRS tax-exemption ruling in April 2017, 9 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, 1761 Arts Inc reported income of $63k and spending of $11k, leaving 82% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $21k to $63k (+197%), an average of +72% a year. The sharpest change came in the year to December 2022, when income rose by 104%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 1761 Arts Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 16th percentile within VT. Charities of a similar size with the same main cause include Danish Heritage Preservation Society of Danevang Inc ($63k), Friends of Moorefields ($63k) and Friendship Knot Quilters Guild Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $171k against liabilities of $0, net assets of $171k.