Fulton Chain of Lakes Performing Arts Council Inc

Analysis

Fulton Chain of Lakes Performing Arts Council Inc is a registered charity in United States, based in Inlet, NY. It received its IRS tax-exemption ruling in March 2000, 26 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 2023, Fulton Chain of Lakes Performing Arts Council Inc reported income of $71k and spending of $80k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $71k (+12%), an average of +12% a year. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fulton Chain of Lakes Performing Arts Council Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Phyllis and Mark Leppert Foundation for Fertility Research ($71k), Historic Johnson Farm Foundation Inc ($71k) and Black Locust Designs ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.