Sumter Gallery of Art

Analysis

Sumter Gallery of Art is a registered charity in United States, based in Sumter, SC. It received its IRS tax-exemption ruling in March 1972, 54 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 2024, Sumter Gallery of Art reported income of $265k and spending of $295k, spending 111% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $227k to $265k (+17%), an average of +3.2% a year. The sharpest change came in the year to June 2023, when income dropped by 35%. 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, Sumter Gallery of Art sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 64th percentile within SC. Charities of a similar size with the same main cause include Community Players of Salisbury Inc ($265k), Kingsmen Shakespeare Company ($265k) and Alliance Francaise of Greenwich Inc ($265k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 17% of the total. Other salaries and wages came to $123k. At year end it held assets of $165k against liabilities of $2,804, net assets of $162k. It reported 21 employees.