White Bear Center for the Arts

Analysis

White Bear Center for the Arts is a registered charity in United States, based in White Bear LK, MN. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, White Bear Center for the Arts reported income of $2.1m and spending of $2.2m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.7m to $2.1m (-79%), an average of -32% a year. The sharpest change came in the year to December 2020, when income dropped by 90%. Over the whole period it spent 53% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, White Bear Center for the Arts sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include Hoyt Center for the Arts ($2.1m), Indianapolis Childrens Choir Incorporated ($2.1m) and Hobart Preservation Foundation ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $52k (2.3% of expenses). Other salaries and wages came to $991k. At year end it held assets of $12.4m against liabilities of $214k, net assets of $12.2m. It reported 27 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.