River Oaks Square Arts Center Association Inc

Analysis

River Oaks Square Arts Center Association Inc is a registered charity in United States, based in Alexandria, LA. It received its IRS tax-exemption ruling in December 1988, 38 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 December 2023, River Oaks Square Arts Center Association Inc reported income of $459k and spending of $429k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $377k to $459k (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, River Oaks Square Arts Center Association Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within LA. Charities of a similar size with the same main cause include The Edna St Vincent Millay Society ($459k), MCRD Museum Historical Society ($459k) and The Barn Theatre Inc ($459k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $61k (14% of expenses). Other salaries and wages came to $94k. At year end it held assets of $689k against liabilities of $4,474, net assets of $684k. It reported 9 employees.