Cannon Beach Arts Association Incorporated

Analysis

Cannon Beach Arts Association Incorporated is a registered charity in United States, based in Cannon Beach, OR. It received its IRS tax-exemption ruling in November 1991, 35 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 September 2024, Cannon Beach Arts Association Incorporated reported income of $247k and spending of $212k, spending 86% of its income. Across the 3 years on record, from September 2022 to September 2024, income grew from $201k to $247k (+23%), an average of +11% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cannon Beach Arts Association Incorporated sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within OR. Charities of a similar size with the same main cause include Violin Society of America ($247k), Arc of Iowa ($248k) and Waxahachie Arts Council Inc ($247k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 23% and program service revenue 73% of the total. Other salaries and wages came to $54k. At year end it held assets of $158k against liabilities of $16k, net assets of $142k. It reported 2 employees.