Arts Council of Fairfax County Inc

Analysis

Arts Council of Fairfax County Inc is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in February 1966, 60 years ago. 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 2024, Arts Council of Fairfax County Inc reported income of $1.8m and spending of $1.8m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $1.8m (+39%), an average of +8.5% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arts Council of Fairfax County Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Omni Sports ($1.8m), William Foxwell Albright Institute of Archaeological Research in Jeru ($1.8m) and Ohr Hayashor ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $167k (9.2% of expenses). Other salaries and wages came to $466k. At year end it held assets of $870k against liabilities of $398k, net assets of $472k. It reported 13 employees.