Batesville Downtown Foundation Inc

Analysis

Batesville Downtown Foundation Inc is a registered charity in United States, based in Batesville, AR. It received its IRS tax-exemption ruling in January 2015, 11 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, Batesville Downtown Foundation Inc reported income of $90k and spending of $32k, leaving 65% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $164k to $90k (-45%), an average of -14% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 43% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Batesville Downtown Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within AR. Charities of a similar size with the same main cause include Shakespeare at a NJ Nonprofit Corporation ($90k), Vineyards Elementary PTO ($90k) and Triad Performing Arts of Arizona ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $922k against liabilities of $0, net assets of $922k.