Raton Arts & Humanities Council Inc

Analysis

Raton Arts & Humanities Council Inc is a registered charity in United States, based in Raton, NM. It received its IRS tax-exemption ruling in September 1988, 38 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, Raton Arts & Humanities Council Inc reported income of $75k and spending of $75k, spending 100% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $89k to $75k (-15%), an average of -15% a year. The sharpest change came in the year to June 2024, when income dropped by 15%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Raton Arts & Humanities Council Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 25th percentile within NM. Charities of a similar size with the same main cause include Tri-State Museum Foundation ($75k), Thursday Musical ($75k) and Morristown Gateway Museum ($75k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 77% and program service revenue 20% of the total. At year end it held assets of $35k against liabilities of $145, net assets of $35k.