Forst Inn Arts Collective Inc

Analysis

Forst Inn Arts Collective Inc is a registered charity in United States, based in Tisch Mills, WI. It received its IRS tax-exemption ruling in June 2019, 7 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, Forst Inn Arts Collective Inc reported income of $163k and spending of $174k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $137k to $163k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Forst Inn Arts Collective Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within WI. Charities of a similar size with the same main cause include Open Source Media Inc ($163k), Calliope Productions Incorporated ($163k) and Nevada Dance Company ($163k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. At year end it held assets of $25k against liabilities of $135k, net assets of -$110k.