Columbus Area Arts Council

Analysis

Columbus Area Arts Council is a registered charity in United States, based in Columbus, IN. It received its IRS tax-exemption ruling in October 1973, 53 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, Columbus Area Arts Council reported income of $383k and spending of $339k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $549k to $383k (-30%), an average of -8.6% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Columbus Area Arts Council sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IN. Charities of a similar size with the same main cause include Mennello Museum of American Art Friends Inc ($383k), Maryland Technology Museum Inc ($383k) and German-American School Association of Southern California ($383k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $75k (22% of expenses). Other salaries and wages came to $82k. At year end it held assets of $1.1m against liabilities of $8,362, net assets of $1.1m. It reported 4 employees.