Huron Valley Council for the Arts

Analysis

Huron Valley Council for the Arts is a registered charity in United States, based in Highland, MI. It received its IRS tax-exemption ruling in July 1999, 27 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, Huron Valley Council for the Arts reported income of $98k and spending of $131k, spending 134% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $124k to $98k (-21%), an average of -7.7% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Huron Valley Council for the Arts sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Sandy Spring Slave Museum and African Art Gallery Inc ($98k), Lincoln East Apollonaire Booster Club ($98k) and Shrewsbury Street Columbus Day Parade Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 37% of the total. At year end it held assets of $90k against liabilities of $2,831, net assets of $87k.