Sioux Falls Concerts Association

Analysis

Sioux Falls Concerts Association is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in March 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Sioux Falls Concerts Association reported income of $106k and spending of $92k, spending 87% of its income. Across the 2 years on record, from August 2023 to August 2024, income fell from $112k to $106k (-6.0%), an average of -6.0% a year. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sioux Falls Concerts Association sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within SD. Charities of a similar size with the same main cause include Florida Artificial Intelligence Research Soc ($106k), Fly on a Wall Inc ($106k) and Wyoming Cowboy Hall of Fame ($106k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 28% of the total. At year end it held assets of $175k against liabilities of $0, net assets of $175k.