Union County Arts Center Inc

Analysis

Union County Arts Center Inc is a registered charity in United States, based in Rahway, NJ. It received its IRS tax-exemption ruling in September 1980, 46 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Union County Arts Center Inc reported income of $1.9m and spending of $2.1m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $1.9m (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2022, when income rose by 288%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Union County Arts Center Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include Galeria Studio 24 ($1.9m), Music Theater Works ($1.9m) and Childrens Creativity Museum ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.1% and program service revenue 79% of the total. Other salaries and wages came to $750k. At year end it held assets of $1.5m against liabilities of $550k, net assets of $908k. It reported 54 employees.