River Arts Inc

Analysis

River Arts Inc is a registered charity in United States, based in PR du Sac, WI. It received its IRS tax-exemption ruling in April 1998, 28 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 June 2024, River Arts Inc reported income of $266k and spending of $254k, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $223k to $266k (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, River Arts Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within WI. Charities of a similar size with the same main cause include Heritage Radio Network Inc ($266k), Urantia Association International ($266k) and Yuma County Historical Society Inc ($266k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 59% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $44k (17% of expenses). Other salaries and wages came to $79k. At year end it held assets of $651k against liabilities of $30k, net assets of $622k. It reported 5 employees.