Falls Church Arts Inc

Analysis

Falls Church Arts Inc is a registered charity in United States, based in Falls Church, VA. It received its IRS tax-exemption ruling in January 2005, 21 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, Falls Church Arts Inc reported income of $176k and spending of $143k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $164k to $176k (+7.3%), an average of +7.3% a year. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Falls Church Arts Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within VA. Charities of a similar size with the same main cause include Documentary Film Fund ($176k), Kulu Mele African American Dance Ensemble Inc ($176k) and Citrus County Art League Inc ($176k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 66% of the total. At year end it held assets of $258k against liabilities of $23k, net assets of $235k.