Common Wealth Mural Collaborative

Analysis

Common Wealth Mural Collaborative is a registered charity in United States, based in Granby, MA. It received its IRS tax-exemption ruling in July 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, Common Wealth Mural Collaborative reported income of $392k and spending of $378k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $290k to $392k (+35%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Common Wealth Mural Collaborative sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Adirondack Center for Writing Inc ($392k), New Bern Civic Theatre Inc ($392k) and Institute for Critical Infrastructure Technology ($392k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $70k (18% of expenses). Other salaries and wages came to $40k. At year end it held assets of $117k against liabilities of $41k, net assets of $76k. It reported 2 employees.