Two Rivers Gallery
Analysis
Two Rivers Gallery is a registered charity in United States, based in Wenatchee, WA. It received its IRS tax-exemption ruling in July 2021, 5 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, Two Rivers Gallery reported income of $86k and spending of $71k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $86k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 81% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Two Rivers Gallery sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 28th percentile within WA. Charities of a similar size with the same main cause include Helena Museum of Phillips County Inc ($86k), Berkshire Childrens Chorus Inc ($86k) and Gloryland Evangelistic Association Inc ($86k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. At year end it held assets of $55k against liabilities of $1,112, net assets of $54k.
Income and spending
Where the income comes from
- Contributions & grants 45%
- Program services 55%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Helena Museum of Phillips County Inc | Helena | $86k |
| Berkshire Childrens Chorus Inc | Pittsfield | $86k |
| Gloryland Evangelistic Association Inc | Gully | $86k |
| NC STEM Academy | Cary | $86k |