Bainbridge Island Arts & Humanities Council

Analysis

Bainbridge Island Arts & Humanities Council is a registered charity in United States, based in Bainbridge Is, WA. It received its IRS tax-exemption ruling in June 1992, 34 years ago. 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, Bainbridge Island Arts & Humanities Council reported income of $138k and spending of $179k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $232k to $138k (-40%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bainbridge Island Arts & Humanities Council sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within WA. Charities of a similar size with the same main cause include The North Carolina Homes for the Aging Foundation Inc ($138k), Hurst Pursuit Fellowship ($138k) and Miss Kansas Scholarship Foundation Inc ($138k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $32k (18% of expenses). Other salaries and wages came to $42k. At year end it held assets of $85k against liabilities of $42k, net assets of $43k. It reported 4 employees.