Lower Merion Conservancy

Analysis

Lower Merion Conservancy is a registered charity in United States, based in Gladwyne, PA. It received its IRS tax-exemption ruling in August 1991, 35 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 June 2023, Lower Merion Conservancy reported income of $687k and spending of $735k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $493k to $687k (+39%), an average of +8.7% a year. The sharpest change came in the year to June 2022, when income rose by 26%. 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, Lower Merion Conservancy sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Encore Theatre Group ($687k), Center for the Arts Inc ($687k) and St Louis Artworks ($687k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 14% of the total. Other salaries and wages came to $304k. At year end it held assets of $1.2m against liabilities of $17k, net assets of $1.2m. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.