Mount Gretna School of Art

Analysis

Mount Gretna School of Art is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Mount Gretna School of Art reported income of $244k and spending of $225k, spending 92% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $237k to $244k (+3.0%), an average of +0.7% a year. The sharpest change came in the year to August 2020, when income rose by 91%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mount Gretna School of Art sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Pots Building for the Future Inc ($244k), Kalamazoo Experiential Learning Center ($244k) and The Oaks Womens Club Inc ($244k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 52% and program service revenue 36% of the total. Other salaries and wages came to $82k. At year end it held assets of $1.0m against liabilities of $126k, net assets of $911k. It reported 3 employees.