Colquitt Miller Arts Council Inc

Analysis

Colquitt Miller Arts Council Inc is a registered charity in United States, based in Colquitt, GA. It received its IRS tax-exemption ruling in September 2018, 8 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, Colquitt Miller Arts Council Inc reported income of $813k and spending of $1.0m, spending 127% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $809k to $813k (+0.5%), an average of +0.1% a year. The sharpest change came in the year to June 2023, when income dropped by 35%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Colquitt Miller Arts Council Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Cascade County Historical Society ($812k), Quincy Childrens Museum ($813k) and We the Best Foundation Inc ($812k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 30% and program service revenue 68% of the total. Other salaries and wages came to $450k. At year end it held assets of $1.7m against liabilities of $1.0m, net assets of $707k. It reported 42 employees.