Lemon Street Gallery

Analysis

Lemon Street Gallery is a registered charity in United States, based in Kenosha, WI. It received its IRS tax-exemption ruling in July 2001, 25 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, Lemon Street Gallery reported income of $131k and spending of $124k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $114k to $131k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. 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, Lemon Street Gallery sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within WI. Charities of a similar size with the same main cause include Florence Regional Arts Alliance ($131k), Innovative Pavement Research Foundation ($131k) and Army Transportation Museum Foundation ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 77% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.