Historic Deadwood Lead Arts Council

Analysis

Historic Deadwood Lead Arts Council is a registered charity in United States, based in Lead, SD. It received its IRS tax-exemption ruling in June 1992, 34 years ago. 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, Historic Deadwood Lead Arts Council reported income of $52k and spending of $51k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $52k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historic Deadwood Lead Arts Council sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 15th percentile within SD. Charities of a similar size with the same main cause include Friendship Inc ($52k), Veterans Time to Thrive Inc ($52k) and Missouri Congress of Parents and Teachers ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 19% of the total. At year end it held assets of $88k against liabilities of $1,840, net assets of $86k.