Arts Council of South Wood County Inc

Analysis

Arts Council of South Wood County Inc is a registered charity in United States, based in Wisconsin Rapids, WI. It received its IRS tax-exemption ruling in February 1978, 48 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 June 2024, Arts Council of South Wood County Inc reported income of $258k and spending of $288k, spending 112% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $175k to $258k (+47%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 136%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts Council of South Wood County Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within WI. Charities of a similar size with the same main cause include Rochester Lyric Opera Inc ($258k), Josephine Porter Institute for Applied Bio-Dynamics Inc ($258k) and Arts Etc ($257k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 67% of the total. Other salaries and wages came to $43k. At year end it held assets of $476k against liabilities of $96k, net assets of $380k. It reported 1 employees.