Manhattan Arts Center Inc

Analysis

Manhattan Arts Center Inc is a registered charity in United States, based in Manhattan, KS. It received its IRS tax-exemption ruling in November 1995, 31 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, Manhattan Arts Center Inc reported income of $673k and spending of $736k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $603k to $673k (+12%), an average of +3.7% a year. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Manhattan Arts Center Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within KS. Charities of a similar size with the same main cause include Manchester Music Festival Inc ($673k), Creative Aging Memphis ($673k) and Ashland Productions Inc ($673k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $68k (9.3% of expenses). Other salaries and wages came to $254k. At year end it held assets of $1.5m against liabilities of $73k, net assets of $1.4m. It reported 66 employees.