The Old Gallery

Analysis

The Old Gallery is a registered charity in United States, based in Allenspark, CO. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Old Gallery reported income of $280k and spending of $293k, spending 105% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $422k to $280k (-34%), an average of -7.8% a year. The sharpest change came in the year to December 2019, when income dropped by 42%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Old Gallery sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within CO. Charities of a similar size with the same main cause include Aspen Lacrosse Club ($280k), Little League Baseball Inc ($280k) and Gotham Girls Roller Derby NFP Inc ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 45% of the total. Other salaries and wages came to $85k. At year end it held assets of $1.5m against liabilities of $414k, net assets of $1.1m. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.