Denmark Arts Center

Analysis

Denmark Arts Center is a registered charity in United States, based in Denmark, ME. It received its IRS tax-exemption ruling in January 1995, 31 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, Denmark Arts Center reported income of $100k and spending of $106k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $112k to $100k (-11%), an average of -11% a year. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Denmark Arts Center sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 30th percentile within ME. Charities of a similar size with the same main cause include Inwave ($100k), William E Swigart Jr Automobile Museum ($100k) and Polanki Incorporated ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 31% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.