Sun Valley Center for the Arts Inc

Analysis

Sun Valley Center for the Arts Inc is a registered charity in United States, based in Sun Valley, ID. It received its IRS tax-exemption ruling in June 1971, 55 years ago. 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, Sun Valley Center for the Arts Inc reported income of $2.7m and spending of $2.2m, leaving 21% of income unspent that year. Across the 6 years on record, from May 2019 to December 2023, income fell from $3.1m to $2.7m (-10%), an average of -2.2% a year. The sharpest change came in the year to May 2021, when income dropped by 50%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sun Valley Center for the Arts Inc 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 88th percentile, and in the 91st percentile within ID. Charities of a similar size with the same main cause include Healthy Mothers Healthy Babies Coalition of Georgia Inc ($2.7m), Child Care Resources of Rockland Inc ($2.7m) and Interaction Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $137k (6.3% of expenses). Other salaries and wages came to $535k. At year end it held assets of $8.7m against liabilities of $257k, net assets of $8.5m. It reported 38 employees.