Reg Lenna Center for the Arts Inc

Analysis

Reg Lenna Center for the Arts Inc is a registered charity in United States, based in Jamestown, NY. It received its IRS tax-exemption ruling in March 1985, 41 years ago. 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, Reg Lenna Center for the Arts Inc reported income of $1.9m and spending of $1.6m, spending 87% of its income. Across the 6 years on record, from August 2019 to December 2023, income grew from $1.7m to $1.9m (+11%), an average of +2.1% a year. The sharpest change came in the year to December 2020, when income rose by 171%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reg Lenna Center for the Arts Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Iowa College Foundation ($1.9m), Dickson County Help Center Inc ($1.9m) and Lacreche Early Childhood Centers Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $78k (4.7% of expenses). Other salaries and wages came to $484k. At year end it held assets of $7.6m against liabilities of $180k, net assets of $7.4m. It reported 50 employees.