Lansing Art Gallery & Education Center

Analysis

Lansing Art Gallery & Education Center is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in January 1971, 55 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lansing Art Gallery & Education Center reported income of $320k and spending of $405k, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $323k to $320k (-0.8%), an average of -0.2% a year. The sharpest change came in the year to June 2021, when income rose by 34%. 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, Lansing Art Gallery & Education Center sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Music-Arts Institute ($320k), Historic Railroad Square Association ($320k) and Milton Artists Guild ($320k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $61k (15% of expenses). Other salaries and wages came to $137k. At year end it held assets of $443k against liabilities of $140k, net assets of $303k. It reported 11 employees.