Highland Area Arts Council
Analysis
Highland Area Arts Council is a registered charity in United States, based in Highland, IL. It received its IRS tax-exemption ruling in October 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Highland Area Arts Council reported income of $63k and spending of $38k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $63k (+15%), an average of +15% a year. 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, Highland Area Arts Council sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within IL. Charities of a similar size with the same main cause include City of Fairfax Independence Day Celebration Committee Inc-Aka Idcc ($63k), Dover Band Boosters ($63k) and Open Arts Foundation ($63k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 70% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.
Income and spending
Where the income comes from
- Contributions & grants 28%
- Program services 70%
- Other 1.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| City of Fairfax Independence Day Celebration Committee Inc-Aka Idcc | Fairfax | $63k |
| Dover Band Boosters | Dover | $63k |
| Open Arts Foundation | Santa Fe | $63k |
| LA Paz Music Boosters | Mission Viejo | $63k |