Columbus Arts Council Incorporated

Analysis

Columbus Arts Council Incorporated is a registered charity in United States, based in Columbus, MS. It received its IRS tax-exemption ruling in September 1979, 47 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, Columbus Arts Council Incorporated reported income of $230k and spending of $242k, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $270k to $230k (-15%), an average of -3.9% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Columbus Arts Council Incorporated sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within MS. Charities of a similar size with the same main cause include Professional Artistic Research Projects ($230k), Bandwagon Institute for the Arts ($230k) and Hundred Members Debating Benevolent Association ($230k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 38% of the total. Other salaries and wages came to $82k. At year end it held assets of $276k against liabilities of $39k, net assets of $237k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.