Wythe Arts Council Ltd

Analysis

Wythe Arts Council Ltd is a registered charity in United States, based in Wytheville, VA. It received its IRS tax-exemption ruling in July 1985, 41 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, Wythe Arts Council Ltd reported income of $136k and spending of $142k, spending 104% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $122k to $136k (+12%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 193%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wythe Arts Council Ltd sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Dancers Give Back Inc ($136k), Friends of the Festival Inc ($136k) and Sweet Adelines International ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 42% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.