Bismarck Art and Galleries Association Inc

Analysis

Bismarck Art and Galleries Association Inc is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in September 1983, 43 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 December 2023, Bismarck Art and Galleries Association Inc reported income of $201k and spending of $198k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $180k to $201k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bismarck Art and Galleries Association Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 47th percentile within ND. Charities of a similar size with the same main cause include Compania de Baile Ballet Senorial ($201k), Ekklesia Contemporary Ballet Inc ($201k) and Polish American String Band Inc ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 34% of the total. Other salaries and wages came to $80k. At year end it held assets of $530k against liabilities of $8,914, net assets of $521k. It reported 2 employees.