Beck Cultural Exchange Center Inc

Analysis

Beck Cultural Exchange Center Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in June 1975, 51 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, Beck Cultural Exchange Center Inc reported income of $397k and spending of $500k, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $233k to $397k (+70%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 198%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Beck Cultural Exchange Center Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within TN. Charities of a similar size with the same main cause include Artists Archives of the Western Reserve ($397k), Historic Petersburg Foundation Inc ($397k) and Concrete Couch ($397k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $172k. At year end it held assets of $3.3m against liabilities of $42k, net assets of $3.3m. It reported 5 employees.