Gallery 263 Inc

Analysis

Gallery 263 Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in August 2010, 16 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, Gallery 263 Inc reported income of $99k and spending of $81k, spending 82% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $39k to $99k (+150%), an average of +58% a year. The sharpest change came in the year to June 2024, when income rose by 64%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gallery 263 Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include Gujarati Samaj Inc ($99k), Friends of New Jersey Heritage ($99k) and Twilight Theater Company ($99k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.