Brookings Arts Council

Analysis

Brookings Arts Council is a registered charity in United States, based in Brookings, SD. It received its IRS tax-exemption ruling in July 1976, 50 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, Brookings Arts Council reported income of $104k and spending of $120k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $104k (+131%), an average of +131% a year. The sharpest change came in the year to December 2023, when income rose by 131%. Over the whole period it spent 119% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brookings Arts Council 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 38th percentile, and in the 33rd percentile within SD. Charities of a similar size with the same main cause include Thiruvalluvar Tamil Palli ($104k), Polish-American Cultural Center in Honor of John Paul II ($104k) and Mansfield Community Theatre ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 51% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.