Alabaster Arts Council Inc

Analysis

Alabaster Arts Council Inc is a registered charity in United States, based in Alabaster, AL. It received its IRS tax-exemption ruling in March 2009, 17 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, Alabaster Arts Council Inc reported income of $528k and spending of $552k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $528k to $528k (-0.0%), an average of +-0.0% a year. The sharpest change came in the year to December 2021, when income rose by 3193%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alabaster Arts Council Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within AL. Charities of a similar size with the same main cause include Yarnwire Inc ($528k), Center ($528k) and Marigny Opera House Foundation ($528k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $176k against liabilities of $151k, net assets of $25k.