Arkansas Choral Directors Association

Analysis

Arkansas Choral Directors Association is a registered charity in United States, based in Alma, AR. It received its IRS tax-exemption ruling in February 2020, 6 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 June 2023, Arkansas Choral Directors Association reported income of $335k and spending of $338k, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $314k to $335k (+6.8%), an average of +2.2% a year. The sharpest change came in the year to June 2021, when income dropped by 30%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arkansas Choral Directors Association sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within AR. Charities of a similar size with the same main cause include Caribbean Central American Research Council ($335k), Singers Minnesota Choral Artists ($335k) and Texas Shakespeare Festival Foundation ($335k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $54k (16% of expenses). At year end it held assets of $54k against liabilities of $1,724, net assets of $52k. It reported 1 employees.