Silver Eye Center for Photography

Analysis

Silver Eye Center for Photography is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in May 1984, 42 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, Silver Eye Center for Photography reported income of $541k and spending of $463k, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $132k to $541k (+309%), an average of +60% a year. The sharpest change came in the year to June 2021, when income rose by 379%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Silver Eye Center for Photography 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 Marilyn Rodman Performing Arts Center Inc ($541k), Baltimore Concert Opera Inc ($541k) and Sebastopol Community Cultural Center ($541k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $74k (16% of expenses). Other salaries and wages came to $134k. At year end it held assets of $1.1m against liabilities of $95k, net assets of $980k. It reported 5 employees.