Arts Center of Kershaw County Inc
Analysis
Arts Center of Kershaw County Inc is a registered charity in United States, based in Camden, SC. It received its IRS tax-exemption ruling in April 1977, 49 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, Arts Center of Kershaw County Inc reported income of $586k and spending of $837k, spending 143% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $727k to $586k (-19%), an average of -5.3% a year. The sharpest change came in the year to June 2020, when income rose by 95%. Over the whole period it spent 87% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts Center of Kershaw County Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within SC. Charities of a similar size with the same main cause include Robert M Merryman Performing Arts Center ($586k), Childrens Museum of Illinois ($586k) and W E B du Bois Museum Foundation ($586k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 39% of the total. Other salaries and wages came to $225k. At year end it held assets of $2.6m against liabilities of $38k, net assets of $2.5m. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 57%
- Program services 39%
- Other 3.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Robert M Merryman Performing Arts Center | Kearney | $586k |
| Childrens Museum of Illinois | Decatur | $586k |
| W E B du Bois Museum Foundation | New York | $586k |
| Historic Fourth Ward School Foundation | Virginia City | $586k |