Salina Art Center Inc

Analysis

Salina Art Center Inc is a registered charity in United States, based in Salina, KS. It received its IRS tax-exemption ruling in June 1979, 47 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 June 2023, Salina Art Center Inc reported income of $713k and spending of $672k, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $403k to $713k (+77%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 126%. 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, Salina Art Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within KS. Charities of a similar size with the same main cause include Pacific Pinball Museum ($713k), Women in Manufacturing Education Foundation ($713k) and New Generation Theatrical Inc ($713k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $66k (9.8% of expenses). Other salaries and wages came to $233k. At year end it held assets of $2.7m against liabilities of $22k, net assets of $2.7m. It reported 36 employees.