Kirksville Arts Association

Analysis

Kirksville Arts Association is a registered charity in United States, based in Kirksville, MO. It received its IRS tax-exemption ruling in November 1988, 38 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 June 2023, Kirksville Arts Association reported income of $123k and spending of $134k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $823k to $123k (-85%), an average of -47% a year. The sharpest change came in the year to June 2021, when income dropped by 82%. Over the whole period it spent 40% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kirksville Arts Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within MO. Charities of a similar size with the same main cause include Sav-A-Life Bessemer Alabama Inc ($123k), United Way of Sierra Vista and Cochise County Inc ($123k) and Lafayette Tournament Inc ($123k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 35% of the total. Other salaries and wages came to $24k. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m. It reported 2 employees.