Mesquite Arts Council Inc

Analysis

Mesquite Arts Council Inc is a registered charity in United States, based in Mesquite, TX. It received its IRS tax-exemption ruling in August 2023, 3 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 September 2024, Mesquite Arts Council Inc reported income of $289k and spending of $267k, spending 93% of its income. Across the 4 years on record, from September 2019 to September 2024, income grew from $268k to $289k (+7.9%), an average of +2.6% a year. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mesquite Arts Council Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Foley Art Center ($289k), Vanguard Culture ($289k) and Rnd4impact Inc ($289k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 92% and program service revenue 0.1% of the total. At year end it held assets of $810k against liabilities of $0, net assets of $810k.