United Arts Council of Catawba County

Analysis

United Arts Council of Catawba County is a registered charity in United States, based in Hickory, NC. It received its IRS tax-exemption ruling in November 1964, 62 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 2024, United Arts Council of Catawba County reported income of $883k and spending of $866k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $583k to $883k (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 93% 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 Catawba County sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include The Belmont Theatre ($883k), Celtic Arts Foundation ($883k) and Bread & Puppet Theatre Inc ($883k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $179k. At year end it held assets of $1.3m against liabilities of $8,687, net assets of $1.3m. It reported 8 employees.