Whitemarsh Community Art Center

Analysis

Whitemarsh Community Art Center is a registered charity in United States, based in Conshohocken, PA. It received its IRS tax-exemption ruling in September 1966, 60 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 June 2023, Whitemarsh Community Art Center reported income of $2.1m and spending of $105k, leaving 95% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $147k to $2.1m (+1332%), an average of +1332% a year. The sharpest change came in the year to June 2023, when income rose by 1332%. Over the whole period it spent 9.9% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Whitemarsh Community Art Center sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include Ragtag Film Society ($2.1m), Maryland Theatre Association Inc ($2.1m) and Irish Cultural Center Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Other salaries and wages came to $66k. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m. It reported 4 employees.