Charity Search / CORINTH AREA ARTS COUNCIL INC
Arts, Culture & Humanities (A26Z) IRS Verified DX Registered 990 on File

CORINTH AREA ARTS COUNCIL INC

EIN: 64-0644503 · CORINTH, MS 38835-0723 · United States · FY 2024 Data
3 out of 5 55 / 100 Based on 2+ years of filings
Financial strength (30%) 93/100
Reliability (20%) 55/100
Effectiveness (25%) 63/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$178K
Total Revenue
$109K
Total Expenses
$146K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 85.0%
Fundraising Efficiency N/A
Operating Reserve 16.19x
Liability-to-Asset 0.1%
Revenue Diversification 74.9%
Compared with Peers
FY 2024
Compared with 12,711 similar organizations (United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
85.0% 82.0%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
16.2 mo 9.8 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.1% 1.8%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
74.9% 79.8%
P10P90
Above median
Revenue growth
Year over year revenue growth
61.2% 8.1%
P10P90
Expense growth
Year over year expense growth
1.5% 8.8%
P10P90
Surplus margin
Surplus as a share of revenue
39.1% 1.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $178K $109K $146K 85.0%
2023 $111K $107K $77K 85.6%
2022 $124K $132K $73K 91.8%
2021 $147K $75K N/A 1
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Organization Details
EIN
64-0644503
State
MS
City
CORINTH
ZIP
38835-0723
Classification
A26Z
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Foundation Code
15
Form 990
On File
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