East Metro Arts and Culture Council Inc

Analysis

East Metro Arts and Culture Council Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 1997, 29 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 June 2022, East Metro Arts and Culture Council Inc reported income of $715k and spending of $295k, leaving 59% of income unspent that year. Across the 2 years on record, from June 2021 to June 2022, income grew from $263k to $715k (+172%), an average of +172% a year. The sharpest change came in the year to June 2022, when income rose by 172%. Over the whole period it spent 57% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, East Metro Arts and Culture Council Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OR. Charities of a similar size with the same main cause include Marietta-Cobb Museum of Art Inc ($715k), Cape Cod Repertory Theatre Company Incorporated ($715k) and Journey Theater Arts Group ($715k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $75k (25% of expenses). At year end it held assets of $484k against liabilities of $23k, net assets of $461k. It reported 5 employees.