Arts Commission of Danville-Boyle Co

Analysis

Arts Commission of Danville-Boyle Co is a registered charity in United States, based in Danville, KY. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Arts Commission of Danville-Boyle Co reported income of $82k and spending of $68k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $82k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 159% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arts Commission of Danville-Boyle Co sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within KY. Charities of a similar size with the same main cause include Reformed International Theological Education Inc ($82k), Nazareth Blue Eagle Education Foundation ($82k) and Theta Chi Chapter Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 62% of the total. At year end it held assets of $66k against liabilities of $945, net assets of $65k.