Idaho Falls Arts Council Inc

Analysis

Idaho Falls Arts Council Inc is a registered charity in United States, based in Idaho Falls, ID. It received its IRS tax-exemption ruling in February 1995, 31 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 2024, Idaho Falls Arts Council Inc reported income of $1.4m and spending of $1.5m, spending 108% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.4m to $1.4m (+2.7%), an average of +0.5% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Idaho Falls Arts Council Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within ID. Charities of a similar size with the same main cause include Rootead Enrichment Center ($1.4m), Devils Youth Foundation Inc ($1.4m) and Columbia Stage Society ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 36% of the total. Other salaries and wages came to $540k. At year end it held assets of $3.7m against liabilities of $357k, net assets of $3.3m. It reported 24 employees.