Washington Community Concerts Inc

Analysis

Washington Community Concerts Inc is a registered charity in United States, based in Washington, IN. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Washington Community Concerts Inc reported income of $60k and spending of $30k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $30k to $60k (+104%), an average of +104% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Washington Community Concerts Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within IN. Charities of a similar size with the same main cause include Armed Forces Museum Foundation ($60k), American Mountain Men ($60k) and Capital Area Budokai Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.