Arts Council of New Orleans

Analysis

Arts Council of New Orleans is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in April 1976, 50 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, Arts Council of New Orleans reported income of $3.1m and spending of $2.9m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $3.1m (+52%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts Council of New Orleans sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within LA. Charities of a similar size with the same main cause include Peninsula Players Theatre Foundation Inc ($3.0m), Afro-Latin Jazz Alliance of New York Inc ($3.1m) and Cincinnati Museums Foundation ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $596k (21% of expenses). At year end it held assets of $6.5m against liabilities of $4.7m, net assets of $1.8m. It reported 15 employees.