Heritage Event and Arts Center Inc

Analysis

Heritage Event and Arts Center Inc is a registered charity in United States, based in Leavenworth, KS. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Heritage Event and Arts Center Inc reported income of $246k and spending of $228k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $212k to $246k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heritage Event and Arts Center Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within KS. Charities of a similar size with the same main cause include Oconomowoc Silver Streak Inc ($246k), Secure Beginnings ($246k) and Susans Sonshine Centers ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 73% of the total. Other salaries and wages came to $57k. At year end it held assets of $591k against liabilities of $319k, net assets of $272k. It reported 9 employees.