Person County Arts Council Inc

Analysis

Person County Arts Council Inc is a registered charity in United States, based in Roxboro, NC. It received its IRS tax-exemption ruling in March 1979, 47 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, Person County Arts Council Inc reported income of $104k and spending of $94k, spending 91% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $86k to $104k (+21%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Person County Arts Council Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within NC. Charities of a similar size with the same main cause include Friends of Gilbert Libraries ($104k), Georgetown Citizen Police Academy Alumni Association ($104k) and Franklin County Historical Society Inc ($104k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 72% and program service revenue 27% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.