Link Art Gallery

Analysis

Link Art Gallery is a registered charity in United States, based in Paris, IL. It received its IRS tax-exemption ruling in February 1976, 50 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 August 2023, Link Art Gallery reported income of $91k and spending of $75k, spending 83% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $205k to $91k (-56%), an average of -56% a year. The sharpest change came in the year to August 2023, when income dropped by 56%. Over the whole period it spent 49% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Link Art Gallery sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Petersburg Area Art League Inc ($91k), Rhythm Cultural Association ($91k) and Georgetown-Scott County Museum Inc ($91k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 47% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $31k (42% of expenses). At year end it held assets of $414k against liabilities of $498, net assets of $413k. It reported 1 employees.