Springfield Council for the Arts and Humanities

Analysis

Springfield Council for the Arts and Humanities is a registered charity in United States, based in Springfield, CO. It received its IRS tax-exemption ruling in February 1994, 32 years ago. 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, Springfield Council for the Arts and Humanities reported income of $61k and spending of $77k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $61k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Springfield Council for the Arts and Humanities sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within CO. Charities of a similar size with the same main cause include Potomac Valley Alumnae Chapter Fund Incorporated ($61k), Tyler Haymore Memorial Scholarship ($61k) and PTA Kansas Congress of Parents and Teachers ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.0% of the total. At year end it held assets of $205k against liabilities of $1,532, net assets of $203k.