Genesee Valley Council on the Arts

Analysis

Genesee Valley Council on the Arts is a registered charity in United States, based in Mount Morris, NY. It received its IRS tax-exemption ruling in April 1974, 52 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, Genesee Valley Council on the Arts reported income of $97k and spending of $412k, spending 423% of what it took in. Across the 5 years on record, from June 2020 to December 2023, income fell from $413k to $97k (-76%), an average of -30% a year. The sharpest change came in the year to June 2023, when income rose by 143%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Genesee Valley Council on the Arts sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Hop Sing Tong Association Inc ($97k), Brewster Kaleidoscope Society ($97k) and Rethink the Conversation Ltd ($97k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 17% of the total. Other salaries and wages came to $176k. At year end it held assets of $710k against liabilities of $4,474, net assets of $705k. It reported 6 employees.