Allens Lane Art Center Association

Analysis

Allens Lane Art Center Association is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 1955, 71 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Allens Lane Art Center Association reported income of $539k and spending of $494k, spending 92% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $315k to $539k (+71%), an average of +20% a year. The sharpest change came in the year to August 2022, when income rose by 27%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Allens Lane Art Center Association sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Kids Theatre Company ($539k), The Cadillac Lasalle Club Museum and Research Inc ($539k) and The Connecticut High School Coaches Association Incorporated ($539k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 45% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $64k (13% of expenses). Other salaries and wages came to $240k. At year end it held assets of $198k against liabilities of $51k, net assets of $147k. It reported 43 employees.