Richland Arts Council Inc

Analysis

Richland Arts Council Inc is a registered charity in United States, based in Rayville, LA. It received its IRS tax-exemption ruling in July 2008, 18 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Richland Arts Council Inc reported income of $59k and spending of $12k, leaving 80% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $59k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 13% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Richland Arts Council Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within LA. Charities of a similar size with the same main cause include Sausalito Womans Club Preservation Society ($59k), California Sikh Foundation ($59k) and Light Up the Queen Foundation ($59k).

At year end it held assets of $171k against liabilities of $0, net assets of $171k.