Vienna Arts Society Inc

Analysis

Vienna Arts Society Inc is a registered charity in United States, based in Vienna, VA. It received its IRS tax-exemption ruling in February 1993, 33 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, Vienna Arts Society Inc reported income of $236k and spending of $55k, leaving 77% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $46k to $236k (+408%), an average of +408% a year. The sharpest change came in the year to June 2023, when income rose by 408%. Over the whole period it spent 36% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vienna Arts Society Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Charles Houston Cultural Project Inc ($236k), Fremont Chinese School ($236k) and Art & Soul Oakland ($236k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $15k (27% of expenses). At year end it held assets of $248k against liabilities of $0, net assets of $248k.