Steelville Arts Council

Analysis

Steelville Arts Council is a registered charity in United States, based in Steelville, MO. It received its IRS tax-exemption ruling in March 2011, 15 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, Steelville Arts Council reported income of $317k and spending of $301k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $325k to $317k (-2.5%), an average of -0.6% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Steelville Arts Council sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within MO. Charities of a similar size with the same main cause include Center for Khmer Studies Inc ($317k), Edueverything Inc ($317k) and The United States Padel Association Inc ($317k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.4% and program service revenue 88% of the total. At year end it held assets of $403k against liabilities of $34k, net assets of $369k.