Arts in Stark

Analysis

Arts in Stark is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in November 1968, 58 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, Arts in Stark reported income of $3.1m and spending of $3.4m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $3.1m (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2022, when income rose by 69%. Over the whole period it spent 135% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts in Stark sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include Winchester Community Music School Trust ($3.1m), Fine Arts Work Center in Provincetown Inc ($3.1m) and Independence Seaport Museum ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $189k (5.5% of expenses). Other salaries and wages came to $518k. It paid $18k in professional fundraising fees. At year end it held assets of $25.5m against liabilities of $858k, net assets of $24.6m. It reported 12 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.