Inyo Council for the Arts
Analysis
Inyo Council for the Arts is a registered charity in United States, based in Bishop, CA. It received its IRS tax-exemption ruling in June 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 (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, Inyo Council for the Arts reported income of $398k and spending of $379k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $414k to $398k (-3.8%), an average of -1.0% a year. The sharpest change came in the year to June 2022, when income rose by 55%. Over the whole period it spent 94% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Inyo Council for the Arts sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Opera Louisiane Inc ($398k), Gertrude Herbert Institute of Art Inc ($398k) and The Point Theater Inc ($398k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Other salaries and wages came to $74k. At year end it held assets of $258k against liabilities of $36k, net assets of $222k. It reported 16 employees.
Income and spending
Where the income comes from
- Contributions & grants 46%
- Program services 54%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Opera Louisiane Inc | Baton Rouge | $398k |
| Gertrude Herbert Institute of Art Inc | Augusta | $398k |
| The Point Theater Inc | Carmel | $398k |
| Holland Area Arts Council | Holland | $398k |