Tipp City Area Arts Council Inc

Analysis

Tipp City Area Arts Council Inc is a registered charity in United States, based in Tipp City, OH. It received its IRS tax-exemption ruling in November 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, Tipp City Area Arts Council Inc reported income of $85k and spending of $73k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $85k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tipp City Area Arts Council Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within OH. Charities of a similar size with the same main cause include Sweet Adelines International ($85k), Virginia Area Committee of Alcoholics Anonymous Inc ($85k) and National Society of the Daughters of the American Revolution ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $75k against liabilities of $230, net assets of $75k.