Athens Cultural Arts Center Inc

Analysis

Athens Cultural Arts Center Inc is a registered charity in United States, based in Athens, NY. It received its IRS tax-exemption ruling in May 2005, 21 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, Athens Cultural Arts Center Inc reported income of $140k and spending of $139k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $129k to $140k (+8.8%), an average of +8.8% a year. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Athens Cultural Arts Center Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Historical Society of the Episcopal Church ($140k), Texas Music Administrators Conference Inc ($140k) and Los Gatos Music and Arts Inc ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 60% of the total. At year end it held assets of $199k against liabilities of $437, net assets of $199k.