Arts Council of Erie
Analysis
Arts Council of Erie is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in August 1967, 59 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 June 2023, Arts Council of Erie reported income of $1.5m and spending of $1.5m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.5m (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 98% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts Council of Erie sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Via Art Fund Inc ($1.5m), Arts & Business Council of Greater Boston Inc ($1.5m) and Engineering Center Education Trust ($1.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 21% of the total. Other salaries and wages came to $179k. At year end it held assets of $4.8m against liabilities of $120k, net assets of $4.7m. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 74%
- Program services 21%
- Other 5.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Via Art Fund Inc | New York | $1.5m |
| Arts & Business Council of Greater Boston Inc | Boston | $1.5m |
| Engineering Center Education Trust | Boston | $1.5m |
| The World War II Foundation | Kingston | $1.5m |