Arts Council Inc

Analysis

Arts Council Inc is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in April 1964, 62 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 September 2023, Arts Council Inc reported income of $2.4m and spending of $2.3m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.4m to $2.4m (+74%), an average of +15% a year. The sharpest change came in the year to September 2021, when income rose by 82%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts Council Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 91st percentile within AL. Charities of a similar size with the same main cause include Midwest Clinic ($2.4m), Arts and Culture Alliance of Greater Knoxville ($2.4m) and The Hermitage Museum and Gardens ($2.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Other salaries and wages came to $582k. At year end it held assets of $1.8m against liabilities of $914k, net assets of $862k. It reported 10 employees.