Ball & Socket Arts Inc is a 501(c)(3) organization based in Cheshire, Connecticut, registered in 2013, with $3,172,794 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$3.2M
▲ 136.6% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$697K
Net assets
$6.1M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Ball & Socket Arts Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ball & Socket Arts Inc: 105 mo reserves · +78% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Ball & Socket Arts Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ball & Socket Arts Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $44K (FY2013) to $3.2M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
78.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.3M
Total liabilities
$3.2M
Net assets
$6.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,172,794▲137% | $696,685▲15.3% | $6,101,457▲69.1% | $9,326,986▲8.6% | 990 |
| 2023 | $1,340,974▲7.5% | $604,400▲42.0% | $3,608,605▲26.9% | $8,591,242▲11.2% | 990 |
| 2022 | $1,247,243▼1.0% | $425,708▲514% | $2,843,167▲43.7% | $7,725,090▲1.1% | 990 |
| 2021 | $1,260,388▲730% | $69,359▲58.4% | $1,978,145▲150% | $7,637,773▲159% | 990 |
| 2020 | $151,938▲36.8% | $43,792▲96.5% | $790,247▲15.9% | $2,953,138▲9.4% | 990 |
| 2019 | $111,084▲41.5% | $22,289▼42.7% | $682,101▲15.0% | $2,698,286▲5.7% | 990 |
| 2018 | $78,481▼55.4% | $38,885▼34.9% | $593,306▲7.0% | $2,552,341▲3.7% | 990 |
| 2017 | $176,045▲50.1% | $59,717▲104% | $554,297▲26.2% | $2,462,108▲3.5% | 990 |
| 2016 | $117,295▼60.5% | $29,212▼54.9% | $439,218▲25.1% | $2,379,954▲5.4% | 990 |
| 2015 | $296,899▲224% | $64,779▲43.8% | $351,135▲195% | $2,257,346▲1.0% | 990 |
| 2014 | $91,647▲108% | $45,060▲887% | $119,015▲66.0% | $2,236,032▲2914% | 990 |
| 2013 | $44,013 | $4,564 | $71,693 | $74,193 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
4 grants to Ball & Socket Arts Inc totaling $69K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $16,650 |
| Network For Good Inc | Unrestricted | 2023 | $11,119 |
| Network For Good Inc | Unrestricted | 2022 | $30,494 |
| Network For Good Inc | Unrestricted | 2021 | $10,330 |
Explore more
Data for Ball & Socket Arts Inc (EIN 45-4079423) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.