Calhoun Gordon Arts Council Inc

Analysis

Calhoun Gordon Arts Council Inc is a registered charity in United States, based in Calhoun, GA. It received its IRS tax-exemption ruling in November 1993, 33 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 December 2023, Calhoun Gordon Arts Council Inc reported income of $797k and spending of $362k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $610k to $797k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2023, when income rose by 206%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Calhoun Gordon Arts Council Inc sits at the 75th percentile: it is larger than about 75% 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 American Planning Association ($797k), Brethren Home of Girard ($797k) and New Orleans Academy of Fine Arts Ltd ($797k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $10k (2.8% of expenses). Other salaries and wages came to $91k. At year end it held assets of $3.5m against liabilities of $6,858, net assets of $3.5m. It reported 3 employees.