Arkansas River Valley Arts Center Foundation Inc

Analysis

Arkansas River Valley Arts Center Foundation Inc is a registered charity in United States, based in Russellville, AR. It received its IRS tax-exemption ruling in February 1982, 44 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 2024, Arkansas River Valley Arts Center Foundation Inc reported income of $82k and spending of $109k, spending 132% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $88k to $82k (-7.0%), an average of -3.5% a year. The sharpest change came in the year to June 2023, when income rose by 43%. Over the whole period it spent 107% 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 River Valley Arts Center Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within AR. Charities of a similar size with the same main cause include Oconee Youth Playhouse ($82k), The Big Easy in Buffalo Inc ($82k) and New Theatre Guild Scholarship Foundation ($82k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $53k against liabilities of $56k, net assets of -$2,975.