Harrison County Arts Inc

Analysis

Harrison County Arts Inc is a registered charity in United States, based in Corydon, IN. It received its IRS tax-exemption ruling in February 2007, 19 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 June 2023, Harrison County Arts Inc reported income of $77k and spending of $80k, spending 104% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $146k to $77k (-47%), an average of -47% a year. The sharpest change came in the year to June 2023, when income dropped by 47%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Harrison County Arts Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within IN. Charities of a similar size with the same main cause include Hillsborough Fire Museum Foundation ($77k), Filarmonica Artista Amadora de San Leandro ($77k) and American Society of Heating Refrigerating & A-C Engineers ($77k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 1.8% of the total. At year end it held assets of $131k against liabilities of $97, net assets of $131k.