Artists Council

Analysis

Artists Council is a registered charity in United States, based in Palm Springs, CA. It received its IRS tax-exemption ruling in September 2018, 8 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 June 2023, Artists Council reported income of $800k and spending of $372k, leaving 53% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $290k to $800k (+176%), an average of +176% a year. The sharpest change came in the year to June 2023, when income rose by 176%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artists Council sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Theatre Lawrence Inc ($800k), Louisa May Alcotts Orchard House Inc ($800k) and Pennsylvania Music Educators Association ($800k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $40k (11% of expenses). Other salaries and wages came to $67k. At year end it held assets of $638k against liabilities of $107k, net assets of $530k. It reported 6 employees.