Centerville Concert Association

Analysis

Centerville Concert Association is a registered charity in United States, based in Centerville, IA. It received its IRS tax-exemption ruling in July 2019, 7 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, Centerville Concert Association reported income of $69k and spending of $39k, leaving 43% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $58k to $69k (+19%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Centerville Concert Association 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 27th percentile, and in the 25th percentile within IA. Charities of a similar size with the same main cause include The Lucas County-Maumee Valley Historical Society ($69k), Artists Collaborative Theatre Inc ($69k) and Artslafayette ($69k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 31% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.