Carson Valley Arts Council

Analysis

Carson Valley Arts Council is a registered charity in United States, based in Minden, NV. It received its IRS tax-exemption ruling in August 2005, 21 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, Carson Valley Arts Council reported income of $190k and spending of $121k, leaving 36% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $110k to $190k (+73%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Carson Valley Arts Council sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within NV. Charities of a similar size with the same main cause include Centrestage Theatre Company ($190k), Footlighters ($190k) and Sound Studios Olympia ($190k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 30% of the total. At year end it held assets of $1.9m against liabilities of $629k, net assets of $1.3m.