Trilogy Cultural Arts Centre

Analysis

Trilogy Cultural Arts Centre is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in September 2011, 15 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 May 2023, Trilogy Cultural Arts Centre reported income of $552k and spending of $516k, spending 93% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $423k to $552k (+31%), an average of +6.9% a year. The sharpest change came in the year to May 2020, when income dropped by 28%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Trilogy Cultural Arts Centre 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 72nd percentile, and in the 73rd percentile within KS. Charities of a similar size with the same main cause include Rochester Contemporary Art Center Inc ($552k), Central Coast State Parks Association ($552k) and Texas Czech Heritage and Cultural Center Inc ($552k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 5.0% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $48k (9.2% of expenses). Other salaries and wages came to $140k. At year end it held assets of $140k against liabilities of $82k, net assets of $58k. It reported 18 employees.