Cando Arts Council Inc

Analysis

Cando Arts Council Inc is a registered charity in United States, based in Cando, ND. It received its IRS tax-exemption ruling in January 1984, 42 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, Cando Arts Council Inc reported income of $53k and spending of $65k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $53k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cando Arts Council Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 13th percentile within ND. Charities of a similar size with the same main cause include St Andrew S Society of Upper South Carolina Heritage Fund ($53k), Birmingham Artwalk Inc ($53k) and Americas Media Initiative NFP ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 59% of the total. At year end it held assets of $81k against liabilities of $100, net assets of $81k.