The Art Center Inc

Analysis

The Art Center Inc is a registered charity in United States, based in Johns Creek, GA. It received its IRS tax-exemption ruling in April 1997, 29 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 Art Center Inc reported income of $806k and spending of $797k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $821k to $806k (-1.8%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 92% 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 Art Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Rideback Rise Inc ($806k), Hui Aloha Kiholo ($806k) and American Museum of Natural History Planetarium Authority ($806k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Other salaries and wages came to $264k. At year end it held assets of $928k against liabilities of $66k, net assets of $862k. It reported 8 employees.