St Marys Art Center Inc

Analysis

St Marys Art Center Inc is a registered charity in United States, based in Virginia City, NV. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, St Marys Art Center Inc reported income of $409k and spending of $432k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to June 2024, income grew from $89k to $409k (+361%), an average of +46% a year. The sharpest change came in the year to June 2023, when income rose by 299%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, St Marys Art Center Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within NV. Charities of a similar size with the same main cause include Christmasville Rock Hill ($409k), The Danville Museum of Fine Arts and History ($409k) and Hoffman Center ($409k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $98k. At year end it held assets of $881k against liabilities of $3,816, net assets of $877k. It reported 4 employees.