Arts Council of Big Sky

Analysis

Arts Council of Big Sky is a registered charity in United States, based in Big Sky, MT. It received its IRS tax-exemption ruling in December 1993, 33 years ago. 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 2023, Arts Council of Big Sky reported income of $1.1m and spending of $1.1m, spending 102% of its income. Across the 6 years on record, from October 2019 to December 2023, income grew from $549k to $1.1m (+99%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 616%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arts Council of Big Sky sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within MT. Charities of a similar size with the same main cause include United Professional Horsemens Foundation ($1.1m), Manchester Community Music School ($1.1m) and The Arc of the Mid Ohio Valley Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $104k (9.3% of expenses). Other salaries and wages came to $286k. At year end it held assets of $1.4m against liabilities of $2,632, net assets of $1.4m. It reported 8 employees.