Goshen Arts and Events Inc

Analysis

Goshen Arts and Events Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in May 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Goshen Arts and Events Inc reported income of $108k and spending of $120k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $108k (+89%), an average of +89% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Goshen Arts and Events Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within IN. Charities of a similar size with the same main cause include Bunts Association of North America Inc ($108k), Avalon Theatre Foundation Inc ($108k) and Early Day Gas Engine and Tractor Association Incorporated ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 24% of the total. At year end it held assets of $1,308 against liabilities of $0, net assets of $1,308.