Batesville Area Arts Council Inc

Analysis

Batesville Area Arts Council Inc is a registered charity in United States, based in Batesville, IN. It received its IRS tax-exemption ruling in November 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Batesville Area Arts Council Inc reported income of $129k and spending of $164k, spending 127% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $270k to $129k (-52%), an average of -31% a year. The sharpest change came in the year to June 2024, when income dropped by 36%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Batesville Area Arts Council Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within IN. Charities of a similar size with the same main cause include Ecumenical Ministries ($129k), Welcome Inn Leisure Center Inc ($129k) and Amery Area Senior Citizens Inc ($129k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 15% of the total. At year end it held assets of $261k against liabilities of $0, net assets of $261k.