Davis County Fine Arts Council

Analysis

Davis County Fine Arts Council is a registered charity in United States, based in Bloomfield, IA. It received its IRS tax-exemption ruling in December 1977, 49 years ago. 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, Davis County Fine Arts Council reported income of $77k and spending of $82k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $77k (+4.1%), an average of +4.1% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Davis County Fine Arts Council sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within IA. Charities of a similar size with the same main cause include Volunteer Services Council for the Brenham State School ($77k), The Franciscan Hermitage Inc ($77k) and Friends of Andersonville Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.