Johnson County Center for the Arts

Analysis

Johnson County Center for the Arts is a registered charity in United States, based in Mountain City, TN. It received its IRS tax-exemption ruling in May 2019, 7 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, Johnson County Center for the Arts reported income of $110k and spending of $150k, spending 136% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $263k to $110k (-58%), an average of -58% a year. The sharpest change came in the year to June 2023, when income dropped by 58%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Johnson County Center for the Arts sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within TN. Charities of a similar size with the same main cause include Montezuma County Historical Society Inc ($110k), Appalachian Trail Museum Inc ($110k) and Northumberland County Council for the Arts ($110k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $244k against liabilities of $2,641, net assets of $242k.