Fayette County Cultural Trust

Analysis

Fayette County Cultural Trust is a registered charity in United States, based in Connellsville, PA. It received its IRS tax-exemption ruling in May 2007, 19 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 December 2023, Fayette County Cultural Trust reported income of $832k and spending of $670k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $587k to $832k (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fayette County Cultural Trust sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Remy Bumppo Theatre Company ($831k), The Art Garage ($832k) and North Alabama Agriplex Foundation ($831k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 2.2% of the total. Other salaries and wages came to $141k. At year end it held assets of $1.5m against liabilities of $57k, net assets of $1.4m. It reported 7 employees.