The Mount Gretna Arts Council Inc

Analysis

The Mount Gretna Arts Council Inc is a registered charity in United States, based in Mt Gretna, PA. It received its IRS tax-exemption ruling in March 1989, 37 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, The Mount Gretna Arts Council Inc reported income of $74k and spending of $105k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $75k to $74k (-0.9%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 160% 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 Mount Gretna Arts Council Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within PA. Charities of a similar size with the same main cause include Fashion Minority Alliance Incorporated ($74k), Star Academy Boston Inc ($74k) and Class Act Dance Troupe Inc ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 76% of the total. At year end it held assets of $566k against liabilities of $18k, net assets of $548k.

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.