Russell County Arts Council Inc

Analysis

Russell County Arts Council Inc is a registered charity in United States, based in Russell SPGS, KY. It received its IRS tax-exemption ruling in October 1988, 38 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 2024, Russell County Arts Council Inc reported income of $134k and spending of $102k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $104k to $134k (+29%), an average of +29% a year. The sharpest change came in the year to June 2024, when income rose by 29%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Russell County Arts Council Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within KY. Charities of a similar size with the same main cause include Theatre Now New York Inc ($134k), 1890 House Museum and Center for the Arts ($134k) and Allegro Music School Inc ($134k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $461k against liabilities of $0, net assets of $461k.