Lynnville Area Arts Association Inc

Analysis

Lynnville Area Arts Association Inc is a registered charity in United States, based in Pulaski, TN. It received its IRS tax-exemption ruling in August 2004, 22 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 December 2023, Lynnville Area Arts Association Inc reported income of $199k and spending of $78k, leaving 61% of income unspent that year. Across the 4 years on record, from June 2021 to December 2023, income grew from $66k to $199k (+199%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lynnville Area Arts Association Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within TN. Charities of a similar size with the same main cause include Artists West Association Inc ($199k), Endangered Species Theatre Project ($199k) and New York Artists Equity Association Inc ($199k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $17k (22% of expenses). At year end it held assets of $763k against liabilities of $0, net assets of $763k.