Johnston County Arts Council

Analysis

Johnston County Arts Council is a registered charity in United States, based in Smithfield, NC. It received its IRS tax-exemption ruling in December 1982, 44 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, Johnston County Arts Council reported income of $243k and spending of $228k, spending 94% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $319k to $243k (-24%), an average of -13% a year. The sharpest change came in the year to June 2023, when income rose by 97%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Johnston County Arts Council 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 56th percentile within NC. Charities of a similar size with the same main cause include Fort Loudon Historical Society ($243k), Tennessee Falun Dafa Association Inc ($243k) and Chamber Music Oc ($243k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $48k (21% of expenses). At year end it held assets of $137k against liabilities of $497, net assets of $136k. It reported 1 employees.