Titusville Council on the Arts Incorporated

Analysis

Titusville Council on the Arts Incorporated is a registered charity in United States, based in Titusville, PA. It received its IRS tax-exemption ruling in March 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Titusville Council on the Arts Incorporated reported income of $51k and spending of $56k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $53k to $51k (-3.5%), an average of -3.5% a year. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Titusville Council on the Arts Incorporated sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within PA. Charities of a similar size with the same main cause include North American Arabidopsis Steering Committee ($51k), Polyhymnia Music Foundation Inc ($51k) and Louisville & Nashville Railroad Historical Society Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.