Arts Illiana Inc

Analysis

Arts Illiana Inc is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in February 1981, 45 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 2024, Arts Illiana Inc reported income of $140k and spending of $139k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $209k to $140k (-33%), an average of -9.6% a year. The sharpest change came in the year to June 2023, when income rose by 56%. Over the whole period it spent 94% 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 Illiana Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within IN. Charities of a similar size with the same main cause include Swiss Heritage Society Inc ($140k), Islamorada Community Entertainment Inc ($140k) and Roots Wounds Words Inc ($140k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $44k (32% of expenses). Other salaries and wages came to $29k. At year end it held assets of $100k against liabilities of $94k, net assets of $5,677. It reported 5 employees.