Fine Arts Center Partners

Analysis

Fine Arts Center Partners is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in March 2012, 14 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 June 2024, Fine Arts Center Partners reported income of $244k and spending of $245k, spending 100% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $290k to $244k (-16%), an average of -16% a year. The sharpest change came in the year to June 2024, when income dropped by 16%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fine Arts Center Partners sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 63rd percentile within SC. Charities of a similar size with the same main cause include Albedo Arts Community Inc ($244k), Soapbox Productions and Organizing ($244k) and South River Watershed Alliance ($244k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 8.0% of the total. At year end it held assets of $164k against liabilities of $0, net assets of $164k.