Mid-America Arts Alliance

Analysis

Mid-America Arts Alliance is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in July 1973, 53 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, Mid-America Arts Alliance reported income of $7.7m and spending of $6.8m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $7.7m (+90%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 185%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mid-America Arts Alliance sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within MO. Charities of a similar size with the same main cause include Buddy Holly Hall ($7.7m), Virginia Repertory Theatre ($7.7m) and Old Dartmouth Historical Society ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $339k (5.0% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $13.7m against liabilities of $1.6m, net assets of $12.1m. It reported 38 employees.