Friends of Alban Arts & Conference Center

Analysis

Friends of Alban Arts & Conference Center is a registered charity in United States, based in Saint Albans, WV. It received its IRS tax-exemption ruling in July 2009, 17 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, Friends of Alban Arts & Conference Center reported income of $70k and spending of $60k, spending 86% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $112k to $70k (-38%), an average of -38% a year. The sharpest change came in the year to June 2023, when income dropped by 38%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Alban Arts & Conference Center sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within WV. Charities of a similar size with the same main cause include Arts Downtown ($70k), Reforming Arts Incorporated ($70k) and Oakwood Brass - Outreach Project ($70k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.