Guthrie Center Corp

Analysis

Guthrie Center Corp is a registered charity in United States, based in GT Barrington, MA. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Guthrie Center Corp reported income of $228k and spending of $282k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $158k to $228k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 123% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Guthrie Center Corp sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include Longwood Symphony Orchestra Inc ($228k), Sullivanmunce Cultural Center Inc ($228k) and Arte Flamenco Dance Theatre ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 5.3% of the total. Other salaries and wages came to $140k. At year end it held assets of $610k against liabilities of $161k, net assets of $449k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.