Merced County Arts Council Inc

Analysis

Merced County Arts Council Inc is a registered charity in United States, based in Merced, CA. It received its IRS tax-exemption ruling in March 1978, 48 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 2024, Merced County Arts Council Inc reported income of $811k and spending of $889k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2024, income grew from $410k to $811k (+98%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 85%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Merced County Arts Council Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Raymond M Alf Museum of Paleontology ($811k), Community Music School ($811k) and Moorestown Theater Company Inc ($811k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 72% and program service revenue 20% of the total. Other salaries and wages came to $314k. At year end it held assets of $221k against liabilities of $61, net assets of $221k. It reported 14 employees.