Community Arts Center

Analysis

Community Arts Center is a registered charity in United States, based in Wallingford, PA. It received its IRS tax-exemption ruling in February 1950, 76 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 August 2023, Community Arts Center reported income of $1.3m and spending of $1.2m, spending 92% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.2m to $1.3m (+13%), an average of +3.0% a year. The sharpest change came in the year to August 2021, when income rose by 36%. 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, Community Arts Center sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Museum of Innovation and Science ($1.3m), Jewish Alliance for Law and Social Action Inc ($1.3m) and Lansing Symphony Association Inc ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 14% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $92k (7.6% of expenses). Other salaries and wages came to $282k. At year end it held assets of $3.0m against liabilities of $233k, net assets of $2.8m. It reported 51 employees.