Rockingham County Arts Council Inc

Analysis

Rockingham County Arts Council Inc is a registered charity in United States, based in Reidsville, NC. It received its IRS tax-exemption ruling in May 1972, 54 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 June 2023, Rockingham County Arts Council Inc reported income of $93k and spending of $92k, spending 99% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $55k to $93k (+69%), an average of +69% a year. The sharpest change came in the year to June 2023, when income rose by 69%. Over the whole period it spent 134% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rockingham County Arts Council Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within NC. Charities of a similar size with the same main cause include Dali Ballet Company ($93k), Wilmington Jewish Film Festival Inc ($93k) and Indian Octaves ($93k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.