Lowndes-Valdosta Arts Commission Inc

Analysis

Lowndes-Valdosta Arts Commission Inc is a registered charity in United States, based in Valdosta, GA. It received its IRS tax-exemption ruling in April 1979, 47 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, Lowndes-Valdosta Arts Commission Inc reported income of $3.4m and spending of $839k, leaving 75% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $868k to $3.4m (+287%), an average of +40% a year. The sharpest change came in the year to June 2023, when income rose by 280%. Over the whole period it spent 52% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lowndes-Valdosta Arts Commission Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Beth Morrison Projects ($3.4m), Colorado Music Festival ($3.4m) and American Friends of Covent Garden the Royal Opera the Royal Ballet ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 7.5% of the total. Other salaries and wages came to $289k. At year end it held assets of $7.5m against liabilities of $46k, net assets of $7.4m. It reported 13 employees.