Gateway Arts Council

Analysis

Gateway Arts Council is a registered charity in United States, based in Sidney, OH. It received its IRS tax-exemption ruling in June 1989, 37 years ago. 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 2024, Gateway Arts Council reported income of $464k and spending of $258k, leaving 45% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $198k to $464k (+134%), an average of +24% a year. The sharpest change came in the year to June 2024, when income rose by 86%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gateway Arts Council sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OH. Charities of a similar size with the same main cause include Martin United Soccer Club Inc ($464k), Child Evangelism Fellowship Inc ($464k) and The Institute for Dance Inc ($464k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $54k (21% of expenses). Other salaries and wages came to $18k. At year end it held assets of $452k against liabilities of $69k, net assets of $383k. It reported 2 employees.