The Chenango County Council of the Arts Inc

Analysis

The Chenango County Council of the Arts Inc is a registered charity in United States, based in Norwich, NY. It received its IRS tax-exemption ruling in March 1978, 48 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 June 2023, The Chenango County Council of the Arts Inc reported income of $152k and spending of $180k, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $378k to $152k (-60%), an average of -20% a year. The sharpest change came in the year to June 2021, when income dropped by 64%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Chenango County Council of the Arts Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Sudanese American Unity Association ($152k), Klezcalifornia Inc ($152k) and A to Z Productions Inc ($152k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $38k (21% of expenses). Other salaries and wages came to $28k. At year end it held assets of $1.3m against liabilities of $26k, net assets of $1.3m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.