Chickasha Area Arts Council Inc

Analysis

Chickasha Area Arts Council Inc is a registered charity in United States, based in Chickasha, OK. It received its IRS tax-exemption ruling in August 1991, 35 years ago. 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, Chickasha Area Arts Council Inc reported income of $73k and spending of $81k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $73k (+3.3%), an average of +3.3% a year. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chickasha Area Arts Council Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within OK. Charities of a similar size with the same main cause include The Auxillary of Lake Hospital System Inc ($73k), Bristol Art Museum ($73k) and Alpha Gamma Rho Alumni Association Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 56% of the total. At year end it held assets of $253k against liabilities of $165k, net assets of $87k.