Midvale Arts Council Inc

Analysis

Midvale Arts Council Inc is a registered charity in United States, based in Midvale, UT. It received its IRS tax-exemption ruling in May 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 December 2023, Midvale Arts Council Inc reported income of $87k and spending of $65k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $89k to $87k (-2.5%), an average of -2.5% a year. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Midvale Arts Council Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within UT. Charities of a similar size with the same main cause include Captiva Island Historical Society ($87k), NC Zeitgeist Foundation ($87k) and The Amadeus Concerts Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. At year end it held assets of $212k against liabilities of $865, net assets of $211k.