Visalia Arts Consortium Inc

Analysis

Visalia Arts Consortium Inc is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in January 2010, 16 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, Visalia Arts Consortium Inc reported income of $420k and spending of $331k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $420k (+77%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Visalia Arts Consortium Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include North-South Skirmish Association ($420k), Glens Falls Symphony Orchestra Inc ($420k) and Local Motion Project ($420k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $86k (26% of expenses). Other salaries and wages came to $87k. At year end it held assets of $256k against liabilities of $5,286, net assets of $251k.