Lane Arts Council

Analysis

Lane Arts Council is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in November 1976, 50 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 2023, Lane Arts Council reported income of $887k and spending of $793k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $648k to $887k (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2021, when income rose by 469%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lane Arts Council sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OR. Charities of a similar size with the same main cause include Mourning Hope ($887k), Institute of Mentalphysics ($888k) and National New Play Network Ltd ($887k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $74k (9.3% of expenses). Other salaries and wages came to $192k. At year end it held assets of $854k against liabilities of $147k, net assets of $707k. It reported 7 employees.