Westminster Community Artist Series Inc
Analysis
Westminster Community Artist Series Inc is a registered charity in United States, based in Westminster, CO. It received its IRS tax-exemption ruling in June 1988, 38 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, Westminster Community Artist Series Inc reported income of $76k and spending of $67k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $76k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 95% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Westminster Community Artist Series Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 26th percentile within CO. Charities of a similar size with the same main cause include Model Railroad Club Inc ($76k), Ohio Choral Directors Association ($76k) and Beverley Street Studio School Incorporated ($76k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.7% of the total. At year end it held assets of $141k against liabilities of $35k, net assets of $106k.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Program services 1.7%
- Other 1.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Model Railroad Club Inc | Union | $76k |
| Ohio Choral Directors Association | Delta | $76k |
| Beverley Street Studio School Incorporated | Lovingston | $76k |
| Lake Arrowhead Classical Ballet Company | LK Arrowhead | $76k |