Arts and Business Alliance of Eugene

Analysis

Arts and Business Alliance of Eugene is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in January 2013, 13 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, Arts and Business Alliance of Eugene reported income of $106k and spending of $100k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $100k to $106k (+6.0%), an average of +6.0% a year. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts and Business Alliance of Eugene sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within OR. Charities of a similar size with the same main cause include Southern Oklahoma Community Arts Inc ($106k), Hidalgo Foundation of Bexar County Inc ($106k) and Indiana Heritage Arts Inc ($106k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $149k against liabilities of $6,075, net assets of $143k.