Kearney Community Concert Association Inc

Analysis

Kearney Community Concert Association Inc is a registered charity in United States, based in Kearney, NE. It received its IRS tax-exemption ruling in June 2001, 25 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 December 2023, Kearney Community Concert Association Inc reported income of $97k and spending of $72k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $97k (+68%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kearney Community Concert Association Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NE. Charities of a similar size with the same main cause include Martin County Arts Council ($97k), Awc Community Events Inc ($97k) and Musica Nova Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.8% of the total. At year end it held assets of $337k against liabilities of $0, net assets of $337k.