Arts South Dakota

Analysis

Arts South Dakota is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in September 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 June 2023, Arts South Dakota reported income of $510k and spending of $505k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $405k to $510k (+26%), an average of +8.0% a year. The sharpest change came in the year to June 2021, when income rose by 86%. 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, Arts South Dakota sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within SD. Charities of a similar size with the same main cause include Centro Cultural Espanol de Cooperacion Iberoamericana Inc ($510k), Schuhplattler Und Trachtenverein Bavaria ($510k) and Florida Railway Heritage Museum ($510k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $238k. At year end it held assets of $809k against liabilities of $525k, net assets of $283k. It reported 4 employees.