Black Creek Arts Council Inc

Analysis

Black Creek Arts Council Inc is a registered charity in United States, based in Hartsville, SC. It received its IRS tax-exemption ruling in June 1981, 45 years ago. 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 2024, Black Creek Arts Council Inc reported income of $193k and spending of $195k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $183k to $193k (+5.4%), an average of +1.3% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Black Creek Arts Council Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 58th percentile within SC. Charities of a similar size with the same main cause include International Association of Official Human Rights Agencies ($193k), Community Alternatives in Criminal Justice Inc ($193k) and Nocona Rural Volunteer Fire Department Inc ($193k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $48k (24% of expenses). At year end it held assets of $57k against liabilities of $2,790, net assets of $54k. It reported 3 employees.