Meherrin River Arts Council Inc

Analysis

Meherrin River Arts Council Inc is a registered charity in United States, based in Emporia, VA. It received its IRS tax-exemption ruling in January 1994, 32 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 May 2024, Meherrin River Arts Council Inc reported income of $245k and spending of $204k, spending 83% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $189k to $245k (+30%), an average of +6.7% a year. The sharpest change came in the year to May 2023, when income rose by 117%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Meherrin River Arts Council Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Anikaya Akhra Inc ($245k), Metroplex Tamil Sangam ($245k) and Ballet Western Reserve Inc ($245k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 41% and program service revenue 39% of the total. At year end it held assets of $239k against liabilities of $0, net assets of $239k.