Hutchinson Art Association Inc

Analysis

Hutchinson Art Association Inc is a registered charity in United States, based in Hutchinson, KS. It received its IRS tax-exemption ruling in July 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 September 2023, Hutchinson Art Association Inc reported income of $247k and spending of $185k, leaving 25% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $137k to $247k (+80%), an average of +22% a year. The sharpest change came in the year to September 2021, when income rose by 236%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hutchinson Art Association Inc sits at the 64th percentile: it is larger than about 64% 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 Community Media of the Foothills ($247k), Immersive Arts Alliance ($247k) and Assembly of Turkish American Associations ($247k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 83% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $30k (16% of expenses). Other salaries and wages came to $36k. At year end it held assets of $1.3m against liabilities of $1,444, net assets of $1.3m. It reported 3 employees.