Mountain State Spotlight Inc

Analysis

Mountain State Spotlight Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in November 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, Mountain State Spotlight Inc reported income of $974k and spending of $1.1m, spending 111% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $325k to $974k (+199%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 259%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mountain State Spotlight Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within WV. Charities of a similar size with the same main cause include Stratton Mountain & Valley Community Benefit Foundation ($973k), Heritage Farmstead Association ($974k) and Axis Dance Company ($973k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $182k (17% of expenses). Other salaries and wages came to $497k. At year end it held assets of $877k against liabilities of $139k, net assets of $738k.