Ventura County Arts Council

Analysis

Ventura County Arts Council is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in July 1997, 29 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 2022, Ventura County Arts Council reported income of $340k and spending of $421k, spending 124% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $414k to $340k (-18%), an average of -6.3% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ventura County Arts Council sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Queen Elizabeth II September 11th Garden Inc ($340k), Half Moon Bay History Association ($340k) and Shishu Bharti School Inc ($340k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $79k. At year end it held assets of $169k against liabilities of $0, net assets of $169k. It reported 4 employees.