Robert M Merryman Performing Arts Center

Analysis

Robert M Merryman Performing Arts Center is a registered charity in United States, based in Kearney, NE. It received its IRS tax-exemption ruling in July 2014, 12 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, Robert M Merryman Performing Arts Center reported income of $586k and spending of $568k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $442k to $586k (+33%), an average of +7.3% a year. The sharpest change came in the year to June 2022, when income rose by 105%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Robert M Merryman Performing Arts Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within NE. Charities of a similar size with the same main cause include W E B du Bois Museum Foundation ($586k), Arts Center of Kershaw County Inc ($586k) and Phoenix Symphony Guild ($586k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $69k (12% of expenses). Other salaries and wages came to $133k. At year end it held assets of $1.3m against liabilities of $20k, net assets of $1.3m. It reported 13 employees.