Fraser Valley Arts

Analysis

Fraser Valley Arts is a registered charity in United States, based in Fraser, CO. It received its IRS tax-exemption ruling in September 2021, 5 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 December 2023, Fraser Valley Arts reported income of $130k and spending of $16k, leaving 88% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $130k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 9.4% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fraser Valley Arts sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within CO. Charities of a similar size with the same main cause include Fringe Benefits Alliance ($130k), French Art Colony ($130k) and Brookline Community Center for the Arts Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $230k against liabilities of $0, net assets of $230k.