Berks Arts Council

Analysis

Berks Arts Council is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in June 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, Berks Arts Council reported income of $1.9m and spending of $2.2m, spending 111% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income grew from $1.7m to $1.9m (+15%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Berks Arts Council sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Rosies Theater Kids Inc ($1.9m), Discovery Center of Idaho Inc ($1.9m) and Hermitage Artist Retreat Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $112k (5.2% of expenses). Other salaries and wages came to $151k. At year end it held assets of $1.5m against liabilities of $818k, net assets of $649k. It reported 4 employees.