Garden City Arts Inc

Analysis

Garden City Arts Inc is a registered charity in United States, based in Garden City, KS. It received its IRS tax-exemption ruling in June 1990, 36 years ago. 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, Garden City Arts Inc reported income of $115k and spending of $114k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $132k to $115k (-13%), an average of -13% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Garden City Arts Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within KS. Charities of a similar size with the same main cause include Amateur Athletic Union of the United States ($115k), Northern California Kendo Federation ($115k) and Tarheel Minuteman Foundation ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $217k against liabilities of $5,347, net assets of $211k.