The Arts Council of Placer County

Analysis

The Arts Council of Placer County is a registered charity in United States, based in Rocklin, CA. It received its IRS tax-exemption ruling in August 1985, 41 years ago. 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, The Arts Council of Placer County reported income of $268k and spending of $262k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $292k to $268k (-8.5%), an average of -2.2% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Arts Council of Placer County sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include East Hanover Volunteer Rescue Squad Inc ($268k), Bible & Common Prayer Book Society of the Episcopal Church ($268k) and Mariner Sands Charity Week Inc ($268k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $22k. At year end it held assets of $90k against liabilities of $64k, net assets of $26k. It reported 8 employees.