Guild of American Luthiers

Analysis

Guild of American Luthiers is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in November 1983, 43 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, Guild of American Luthiers reported income of $423k and spending of $446k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $307k to $423k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Guild of American Luthiers sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within WA. Charities of a similar size with the same main cause include Adam Leventhal Memorial School and Museum ($423k), Francis Wilson Playhouse Inc ($423k) and Annes Place Inc ($423k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $127k (29% of expenses). Other salaries and wages came to $85k. At year end it held assets of $207k against liabilities of $1,008, net assets of $206k. It reported 6 employees.