Elk River Arts & Lectures

Analysis

Elk River Arts & Lectures is a registered charity in United States, based in Livingston, MT. It received its IRS tax-exemption ruling in August 2014, 12 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, Elk River Arts & Lectures reported income of $171k and spending of $216k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $32k to $171k (+437%), an average of +52% a year. The sharpest change came in the year to December 2021, when income rose by 2302%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Elk River Arts & Lectures sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within MT. Charities of a similar size with the same main cause include Brown County Historical Society Inc ($171k), The Opera Foundation Inc ($171k) and Porter-Phelps-Huntington Foundation Inc ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $63k (29% of expenses). At year end it held assets of $54k against liabilities of $1,117, net assets of $53k. It reported 1 employees.