Yates County Arts Council Inc

Analysis

Yates County Arts Council Inc is a registered charity in United States, based in Penn Yan, NY. It received its IRS tax-exemption ruling in July 1983, 43 years ago. 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, Yates County Arts Council Inc reported income of $163k and spending of $186k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $165k to $163k (-0.9%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yates County Arts Council Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Citizen Impact USA Inc ($163k), Servants of the Children of Light ($163k) and Ventura Tri-Valley Girls Softball League ($163k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 25% of the total. Other salaries and wages came to $42k. At year end it held assets of $1.6m against liabilities of $11k, net assets of $1.6m. It reported 1 employees.