Main Street Arts Council

Analysis

Main Street Arts Council is a registered charity in United States, based in Hoxie, KS. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Main Street Arts Council reported income of $144k and spending of $124k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $90k to $144k (+61%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Main Street Arts Council sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within KS. Charities of a similar size with the same main cause include Surels Place Inc ($144k), Bump Inc ($144k) and Lambda Archives of San Diego ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $18k. At year end it held assets of $46k against liabilities of $0, net assets of $46k.