Fontana Chamber Arts

Analysis

Fontana Chamber Arts is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in October 2000, 26 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 August 2023, Fontana Chamber Arts reported income of $337k and spending of $228k, leaving 32% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income fell from $478k to $337k (-29%), an average of -11% a year. The sharpest change came in the year to August 2021, when income dropped by 44%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fontana Chamber Arts sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MI. Charities of a similar size with the same main cause include New Orleans Theatre Association Inc ($337k), Theatre Puget Sound ($337k) and Fairfield County Heritage Association ($337k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 88% and program service revenue 7.6% of the total. Compensation of current officers, directors and key employees was $63k (27% of expenses). Other salaries and wages came to $6,414. At year end it held assets of $590k against liabilities of $41k, net assets of $549k. It reported 3 employees.