United Arts Council of Greater Greensboro Inc

Analysis

United Arts Council of Greater Greensboro Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in September 1962, 64 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, United Arts Council of Greater Greensboro Inc reported income of $1.9m and spending of $1.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.1m to $1.9m (-8.4%), an average of -2.2% a year. The sharpest change came in the year to June 2023, when income rose by 96%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, United Arts Council of Greater Greensboro Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include International Conference on Learning Representations ($1.9m), Hill-Stead Museum ($1.9m) and Gateway to Science Center Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $115k (6.2% of expenses). Other salaries and wages came to $283k. At year end it held assets of $1.3m against liabilities of $651k, net assets of $671k. It reported 11 employees.