Ernest a Finney Jr Cultural Arts CE Nter

Analysis

Ernest a Finney Jr Cultural Arts CE Nter is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in March 2022, 4 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, Ernest a Finney Jr Cultural Arts CE Nter reported income of $706k and spending of $65k, leaving 91% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $18k to $706k (+3822%), an average of +3822% a year. The sharpest change came in the year to December 2023, when income rose by 3822%. Over the whole period it spent 10% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ernest a Finney Jr Cultural Arts CE Nter sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within SC. Charities of a similar size with the same main cause include Annie B Jones Civic Arts Center ($706k), Bargemusic Ltd ($706k) and Hatch Inc ($706k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $655k against liabilities of $0, net assets of $655k.