Richmond Area Arts Council Inc
Richmond, Kentucky
B+Health Score
70B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$270K
Total Revenue
📊
$169K
Total Expenses
🏦
$1.3M
Net Assets
📋
$2K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+1318.8%
Year-over-year change (2022 → 2023)
Net Margin
+37.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.73
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $269,579↑1319% | $168,805↑21% | $1,306,829↑9% | — |
| 2022 | $19,001↓95% | $139,094↑21% | $1,202,999↓10% | — |
| 2021 | $371,790↑117% | $115,253↓38% | $1,342,195↑23% | — |
| 2020 | $171,179↓33% | $186,405↓17% | $1,087,548↓2% | — |
| 2019 | $255,914↑6% | $223,979↓50% | $1,115,239↑1% | — |
| 2018 | $242,089↓63% | $447,078↑30% | $1,108,378↓17% | — |
| 2017 | $646,156↑205% | $345,158↑47% | $1,329,030↑34% | — |
| 2016 | $211,842↓11% | $235,474↓8% | $993,993↓5% | — |
| 2015 | $238,104↓10% | $255,396↑21% | $1,050,480↑3% | — |
| 2014 | $265,426↓1% | $211,767↓12% | $1,018,799↑5% | — |
| 2013 | $268,076↑31% | $239,844↑1% | $968,783↑2% | — |
| 2012 | $205,096↑7% | $238,396↓7% | $947,959↓3% | — |
| 2011 | $191,519 | $256,792 | $976,015 | — |
Frequently Asked Questions
What does Richmond Area Arts Council Inc do?▼
Richmond Area Arts Council Inc is a unclassified nonprofit organization based in Kentucky. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Richmond Area Arts Council Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Richmond Area Arts Council Inc.
How much revenue does Richmond Area Arts Council Inc generate?▼
Richmond Area Arts Council Inc reports $245K in annual revenue and holds $1.4M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Unclassified category, or browse all nonprofits in Kentucky.