Copper Country Community Arts Council

Analysis

Copper Country Community Arts Council is a registered charity in United States, based in Hancock, MI. It received its IRS tax-exemption ruling in June 1991, 35 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, Copper Country Community Arts Council reported income of $122k and spending of $184k, spending 150% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $147k to $122k (-17%), an average of -5.9% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Copper Country Community Arts Council sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within MI. Charities of a similar size with the same main cause include West Ind Connection ($122k), Felix Adler Memorial Association ($122k) and Orcutt Childrens Art Foundation Inc ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $69k (38% of expenses). At year end it held assets of $179k against liabilities of $58k, net assets of $121k. It reported 2 employees.