Trickster Art Gallery

Analysis

Trickster Art Gallery is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in December 2013, 13 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 June 2023, Trickster Art Gallery reported income of $470k and spending of $551k, spending 117% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $665k to $470k (-29%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 23%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Trickster Art Gallery sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include C-Net ($470k), Renaissance Arts Center Inc ($470k) and Afrikin Foundation Inc ($470k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $226k. At year end it held assets of $26k against liabilities of $129k, net assets of -$103k. It reported 7 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.