Northwest Art Center

Analysis

Northwest Art Center is a registered charity in United States, based in Duvall, WA. It received its IRS tax-exemption ruling in February 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 2023, Northwest Art Center reported income of $209k and spending of $161k, leaving 23% of income unspent that year. Across the 3 years on record, from June 2019 to June 2023, income fell from $241k to $209k (-13%), an average of -6.9% a year. The sharpest change came in the year to June 2023, when income dropped by 28%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northwest Art Center sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within WA. Charities of a similar size with the same main cause include Sanatana Yaksha Ranga Cultural Center Inc ($208k), Hillforest Historical Foundation Inc ($209k) and Childrens Museum of Northern Nevada Inc ($208k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $27k (17% of expenses). Other salaries and wages came to $50k. At year end it held assets of $164k against liabilities of $2,272, net assets of $161k. It reported 5 employees.