Friends of Arrow Rock

Analysis

Friends of Arrow Rock is a registered charity in United States, based in Arrow Rock, MO. It received its IRS tax-exemption ruling in November 1961, 65 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 December 2023, Friends of Arrow Rock reported income of $1.4m and spending of $978k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $819k to $1.4m (+68%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 132%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Arrow Rock sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within MO. Charities of a similar size with the same main cause include Mission Bit ($1.4m), Villa Musica ($1.4m) and City Ballet Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 32% of the total. Other salaries and wages came to $432k. At year end it held assets of $3.3m against liabilities of $243k, net assets of $3.0m. It reported 45 employees.