Friends of Arts Council of Greater Denham Springs Inc

Analysis

Friends of Arts Council of Greater Denham Springs Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in April 2003, 23 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Friends of Arts Council of Greater Denham Springs Inc reported income of $640k and spending of $540k, spending 84% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $127k to $640k (+403%), an average of +71% a year. The sharpest change came in the year to December 2021, when income rose by 197%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Arts Council of Greater Denham Springs Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within LA. Charities of a similar size with the same main cause include Austin Creative Alliance ($640k), Mosaic America ($640k) and Afro American Historical Assoc of Fauquier County ($640k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 4.8% and program service revenue 1.8% of the total. Other salaries and wages came to $10k. At year end it held assets of $293k against liabilities of $1,821, net assets of $291k. It reported 31 employees.