Northampton Arts Council Inc

Analysis

Northampton Arts Council Inc is a registered charity in United States, based in Northampton, MA. It received its IRS tax-exemption ruling in March 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 June 2023, Northampton Arts Council Inc reported income of $199k and spending of $177k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $255k to $199k (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northampton Arts Council Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Backwater Gamblers Waterski Club Inc ($199k), Musical Theater Village Inc a Nevada Corp ($199k) and Agomoni ($199k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $129k against liabilities of $2,049, net assets of $127k.