Yoknapatawpha Arts Council Inc

Analysis

Yoknapatawpha Arts Council Inc is a registered charity in United States, based in Oxford, MS. It received its IRS tax-exemption ruling in September 1982, 44 years ago. 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, Yoknapatawpha Arts Council Inc reported income of $752k and spending of $650k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $525k to $752k (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yoknapatawpha Arts Council Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within MS. Charities of a similar size with the same main cause include Lake Martin Area United Way Inc ($752k), First United Methodist Church Nursery School ($752k) and Linc Inc ($752k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 33% of the total. Other salaries and wages came to $206k. At year end it held assets of $964k against liabilities of $3,088, net assets of $961k. It reported 13 employees.