French Art Colony

Analysis

French Art Colony is a registered charity in United States, based in Gallipolis, OH. It received its IRS tax-exemption ruling in May 1971, 55 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, French Art Colony reported income of $130k and spending of $138k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $106k to $130k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, French Art Colony sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OH. Charities of a similar size with the same main cause include Fraser Valley Arts ($130k), Chicago Japanese American Council ($130k) and Fringe Benefits Alliance ($130k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $6,120 (4.5% of expenses). Other salaries and wages came to $28k. At year end it held assets of $605k against liabilities of $25k, net assets of $580k. It reported 3 employees.