Allegheny Riverstone Center for the Arts

Analysis

Allegheny Riverstone Center for the Arts is a registered charity in United States, based in Foxburg, PA. It received its IRS tax-exemption ruling in March 2006, 20 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, Allegheny Riverstone Center for the Arts reported income of $211k and spending of $185k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $128k to $211k (+65%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Allegheny Riverstone Center for the Arts sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Legacy Theatre Inc NFP ($211k), Foundation for the Advancement of Psychology in Management ($211k) and Media Matters for Women ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $208k against liabilities of $0, net assets of $208k.