Granary Art Center

Analysis

Granary Art Center is a registered charity in United States, based in Ephraim, UT. It received its IRS tax-exemption ruling in August 2014, 12 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 2024, Granary Art Center reported income of $205k and spending of $409k, spending 199% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $171k to $205k (+20%), an average of +9.5% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 120% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Granary Art Center 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 52nd percentile within UT. Charities of a similar size with the same main cause include Swansboro Band Boosters Inc ($205k), Art Pot ($205k) and Kitsap Childrens Musical Theatre ($205k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $54k (13% of expenses). Other salaries and wages came to $65k. At year end it held assets of $53k against liabilities of $2,398, net assets of $50k. It reported 3 employees.