Casper Artists Guild Inc

Analysis

Casper Artists Guild Inc is a registered charity in United States, based in Casper, WY. It received its IRS tax-exemption ruling in October 1979, 47 years ago. 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 August 2023, Casper Artists Guild Inc reported income of $172k and spending of $190k, spending 110% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $196k to $172k (-12%), an average of -3.2% a year. The sharpest change came in the year to August 2022, when income dropped by 46%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Casper Artists Guild Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within WY. Charities of a similar size with the same main cause include Lords Cupboard of Jefferson County ($172k), Little League Baseball Inc ($172k) and Irving Park Community Food Pantry ($172k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 77% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $45k (24% of expenses). Other salaries and wages came to $40k. At year end it held assets of $1.1m against liabilities of -$108, net assets of $1.1m. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.