Winchester Council for the Arts Inc

Analysis

Winchester Council for the Arts Inc is a registered charity in United States, based in Winchester, KY. It received its IRS tax-exemption ruling in August 2015, 11 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 2023, Winchester Council for the Arts Inc reported income of $398k and spending of $370k, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $198k to $398k (+101%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 70%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Winchester Council for the Arts Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within KY. Charities of a similar size with the same main cause include Holland Area Arts Council ($398k), San Anto Cultural Arts Inc ($398k) and Gertrude Herbert Institute of Art Inc ($398k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 32% of the total. Other salaries and wages came to $79k. At year end it held assets of $879k against liabilities of $189k, net assets of $690k. It reported 3 employees.