K12 Gallery

Analysis

K12 Gallery is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in July 1996, 30 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, K12 Gallery reported income of $847k and spending of $972k, spending 115% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $703k to $847k (+20%), an average of +6.4% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, K12 Gallery sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include St Louis Dance Theatre ($847k), Port Austin Reeflight Association Inc ($847k) and Falmouth Artists Guild Inc ($847k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $212k (22% of expenses). Other salaries and wages came to $346k. At year end it held assets of $739k against liabilities of $102k, net assets of $637k. It reported 22 employees.