South Arkansas Arts Center

Analysis

South Arkansas Arts Center is a registered charity in United States, based in El Dorado, AR. It received its IRS tax-exemption ruling in January 1964, 62 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, South Arkansas Arts Center reported income of $1.4m and spending of $734k, leaving 49% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.4m (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2022, when income rose by 113%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Arkansas Arts Center sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within AR. Charities of a similar size with the same main cause include Art and Advocacy Society ($1.4m), Mayfest Inc ($1.4m) and Oklahoma Arts Institute Foundation ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 12% of the total. Other salaries and wages came to $226k. At year end it held assets of $10.3m against liabilities of $66k, net assets of $10.3m. It reported 8 employees.