Gateway Center for the Performing Arts Association

Analysis

Gateway Center for the Performing Arts Association is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Gateway Center for the Performing Arts Association reported income of $817k and spending of $780k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $434k to $817k (+88%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gateway Center for the Performing Arts Association sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within MO. Charities of a similar size with the same main cause include St Louis Christian Medical Center Inc ($817k), Hogar Infantil Santa Teresita Del Nino Jesus Inc ($817k) and Saint Francis Medical Center Foundation ($817k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 87% of the total. Other salaries and wages came to $107k. At year end it held assets of $163k against liabilities of $32k, net assets of $131k.