Humboldt Arts Council

Analysis

Humboldt Arts Council is a registered charity in United States, based in Eureka, CA. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Humboldt Arts Council reported income of $390k and spending of $347k, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $229k to $390k (+70%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Humboldt Arts Council sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Spanish Academy ($390k), Masspoetry Inc ($390k) and Friends of the Upper East Side Historic District Inc ($390k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 8.0% of the total. Compensation of current officers, directors and key employees was $62k (18% of expenses). Other salaries and wages came to $60k. At year end it held assets of $3.5m against liabilities of $7,879, net assets of $3.5m.