Columbia Art League
Analysis
Columbia Art League is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in May 1977, 49 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, Columbia Art League reported income of $427k and spending of $402k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $323k to $427k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 93% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Columbia Art League sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within MO. Charities of a similar size with the same main cause include Chamber Music Tulsa Inc ($427k), UN Mundo Sin Mordaza Inc ($427k) and Remnant Trust Inc ($427k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $101k (25% of expenses). Other salaries and wages came to $38k. At year end it held assets of $413k against liabilities of $17k, net assets of $396k. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 45%
- Program services 53%
- Other 1.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Chamber Music Tulsa Inc | Tulsa | $427k |
| UN Mundo Sin Mordaza Inc | College Sta | $427k |
| Remnant Trust Inc | Indianapolis | $427k |
| The Roxey Ballet Company Inc | Frenchtown | $427k |