Arts, Culture & Humanities (A032) IRS Verified DX Registered 990 on File

QUINCY SOCIETY OF FINE ARTS

EIN: 37-0764566 · QUINCY, IL 62301-4139 · United States · FY 2024 Data

3 out of 5 57 / 100 Based on 2+ years of filings

Financial strength (30%) 78/100

Reliability (20%) 55/100

Effectiveness (25%) 90/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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Mission Statement

Arts Quincy (QSFA), America’s First Community Arts Council, was founded in 1947 to encourage and stimulate the practice and appreciation of the Fine Arts, Performing Arts, and Arts-in-Education in Adams County, Illinois. This includes visual art, music, theater, dance and the humanities. Arts Quincy works to make the arts more accessible to all the residents of Adams County, develop new members for its member organizations and create earned income opportunities for individual artists. Arts Quincy’s national award-winning programs provide arts in education opportunities for area students, insure cost effective arts services for everyone, and attract new dollars to our local economy.

Financial Overview — FY 2024

$328K

Total Revenue

$320K

Total Expenses

$972K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 76.2%

Fundraising Efficiency N/A

Operating Reserve 36.48x

Liability-to-Asset 8.4%

Revenue Diversification 82.9%

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	76.2%	82.0%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	14.7%	14.1%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	9.1%	0.0%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	36.5 mo	9.8 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	8.4%	1.8%	P10P90	Below median
Revenue concentration Share of revenue from the largest source · lower is better	82.9%	79.8%	P10P90	Below median
Revenue growth Year over year revenue growth	-19.2%	8.1%	P10P90
Expense growth Year over year expense growth	5.1%	8.8%	P10P90
Surplus margin Surplus as a share of revenue	2.6%	1.5%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$328K	$320K	$972K	76.2%	5
2023	$406K	$304K	$907K	76.1%	5
2022	$335K	$273K	$769K	75.4%	6
2021	$461K	$312K	N/A	—	6

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Organization Details

EIN: 37-0764566
State: IL
City: QUINCY
ZIP: 62301-4139
Classification: A032
Category: Arts, Culture & Humanities
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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