Garrison Art Center

Analysis

Garrison Art Center is a registered charity in United States, based in Garrison, NY. It received its IRS tax-exemption ruling in May 1966, 60 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, Garrison Art Center reported income of $643k and spending of $573k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $471k to $643k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Garrison Art Center sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Cantata Singers Inc ($643k), Englewood Arts a Missouri Non-Profit Corporation ($643k) and Sierra Madre Playhouse ($643k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $70k (12% of expenses). Other salaries and wages came to $154k. At year end it held assets of $987k against liabilities of $173k, net assets of $814k. It reported 6 employees.