Bedford County Arts Council Inc

Analysis

Bedford County Arts Council Inc is a registered charity in United States, based in Shelbyville, TN. It received its IRS tax-exemption ruling in February 2019, 7 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, Bedford County Arts Council Inc reported income of $99k and spending of $64k, leaving 35% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $30k to $99k (+234%), an average of +83% a year. The sharpest change came in the year to June 2024, when income rose by 185%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bedford County Arts Council Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within TN. Charities of a similar size with the same main cause include Seattle Metropolitan Chamber Orchestra ($99k), Fundamental Research Laboratory ($99k) and East Bay Media Center ($99k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 36% of the total. At year end it held assets of $339k against liabilities of $0, net assets of $339k.