Center for the Arts Foundation

Analysis

Center for the Arts Foundation is a registered charity in United States, based in Gresham, OR. It received its IRS tax-exemption ruling in October 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, Center for the Arts Foundation reported income of $51k and spending of $52k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $30k to $51k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center for the Arts Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within OR. Charities of a similar size with the same main cause include Kenilworth Historical Society Incorporated ($51k), Locke Foundation ($51k) and Kyrenia Opera Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 40% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.