Miller Art Center Foundation Inc

Analysis

Miller Art Center Foundation Inc is a registered charity in United States, based in Sturgeon Bay, WI. It received its IRS tax-exemption ruling in November 1986, 40 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 November 2023, Miller Art Center Foundation Inc reported income of $377k and spending of $381k, spending 101% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $244k to $377k (+54%), an average of +11% a year. The sharpest change came in the year to November 2021, when income rose by 46%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Miller Art Center Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within WI. Charities of a similar size with the same main cause include Delaware County Historical Association ($376k), The Louisville Leopard Persussionist ($377k) and The Lyric Council Inc ($376k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 47% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $75k (20% of expenses). Other salaries and wages came to $115k. At year end it held assets of $1.9m against liabilities of $13k, net assets of $1.9m. It reported 6 employees.