Kindling Arts Inc

Analysis

Kindling Arts Inc is a registered charity in United States, based in Madison, TN. It received its IRS tax-exemption ruling in September 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 (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, Kindling Arts Inc reported income of $97k and spending of $93k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $97k (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kindling Arts Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within TN. Charities of a similar size with the same main cause include Hot Springs Village Players Inc ($97k), Lewis and Clark Trust Inc ($97k) and I Am Arts Foundation ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.