Darien Arts Center Inc

Analysis

Darien Arts Center Inc is a registered charity in United States, based in Darien, CT. It received its IRS tax-exemption ruling in March 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 July 2023, Darien Arts Center Inc reported income of $899k and spending of $750k, spending 83% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $656k to $899k (+37%), an average of +8.2% a year. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Darien Arts Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within CT. Charities of a similar size with the same main cause include American Banjo Museum Inc ($899k), Brooklyn Acting Lab Inc ($899k) and Jabberwocky Theatre Company ($899k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 19% and program service revenue 79% of the total. Other salaries and wages came to $386k. At year end it held assets of $1.3m against liabilities of $146k, net assets of $1.1m. It reported 24 employees.