The Common Acre

Analysis

The Common Acre is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in September 2012, 14 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 December 2023, The Common Acre reported income of $233k and spending of $240k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $216k to $233k (+8.0%), an average of +1.9% a year. 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, The Common Acre sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include White Wave Rising-Young Soon Kim Dance Company Inc ($233k), Friends of Raymer Inc ($233k) and Marin Girls Chorus ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $77k (32% of expenses). Other salaries and wages came to $65k. At year end it held assets of $113k against liabilities of $3,027, net assets of $110k. It reported 2 employees.