Bainbridge Arts & Crafts Inc

Analysis

Bainbridge Arts & Crafts Inc is a registered charity in United States, based in Bainbridge Is, WA. It received its IRS tax-exemption ruling in January 1961, 65 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, Bainbridge Arts & Crafts Inc reported income of $576k and spending of $606k, spending 105% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income grew from $485k to $576k (+19%), an average of +5.9% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bainbridge Arts & Crafts Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within WA. Charities of a similar size with the same main cause include High Desert Test Sites ($576k), Arab American Cultural and Community Center ($576k) and Womens Institute for Science Equity and Race ($575k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $121k (20% of expenses). Other salaries and wages came to $197k. At year end it held assets of $435k against liabilities of $187k, net assets of $248k. It reported 15 employees.