Western North Carolina Sculpture Center Inc

Analysis

Western North Carolina Sculpture Center Inc is a registered charity in United States, based in Lenoir, NC. It received its IRS tax-exemption ruling in January 2021, 5 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, Western North Carolina Sculpture Center Inc reported income of $68k and spending of $47k, leaving 30% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $24k to $68k (+188%), an average of +70% a year. The sharpest change came in the year to December 2022, when income rose by 202%. Over the whole period it spent 54% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Western North Carolina Sculpture Center Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within NC. Charities of a similar size with the same main cause include Behind the Leaf Inc ($68k), Inter-American Choreographic Institute ($68k) and Squaw Valley Ski Museum Foundation Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 12% of the total. At year end it held assets of $68k against liabilities of $47k, net assets of $21k.