Yankton Area Concert Association

Analysis

Yankton Area Concert Association is a registered charity in United States, based in Yankton, SD. It received its IRS tax-exemption ruling in October 2012, 14 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Yankton Area Concert Association reported income of $61k and spending of $73k, spending 119% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income fell from $62k to $61k (-2.3%), an average of -2.3% a year. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Yankton Area Concert Association sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 18th percentile within SD. Charities of a similar size with the same main cause include Shawnee Hills Arts Council ($61k), Woodland Steward Institute Inc ($61k) and Ballard Band Boosters Inc ($61k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 6.7% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.