Arts Council of Snohomish County

Analysis

Arts Council of Snohomish County is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in March 1975, 51 years ago. 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, Arts Council of Snohomish County reported income of $1.9m and spending of $2.1m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.9m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arts Council of Snohomish County sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within WA. Charities of a similar size with the same main cause include Integral Youth Services ($1.9m), Habitat for Humanity International Inc ($1.9m) and Common Defense Education Fund Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 49% of the total. Other salaries and wages came to $784k. At year end it held assets of $7.4m against liabilities of $1.0m, net assets of $6.4m. It reported 33 employees.