John Michael Kohler Arts Center Inc

Analysis

John Michael Kohler Arts Center Inc is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in March 1961, 65 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 December 2023, John Michael Kohler Arts Center Inc reported income of $11.4m and spending of $10.8m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $14.2m to $11.4m (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, John Michael Kohler Arts Center Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within WI. Charities of a similar size with the same main cause include Moving Picture Institute ($11.4m), Ninetwelve Institute Inc ($11.4m) and Taller Puertorriqueno Inc ($11.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $278k (2.6% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $53.5m against liabilities of $1.0m, net assets of $52.5m. It reported 150 employees.