Brewery Arts Center

Analysis

Brewery Arts Center is a registered charity in United States, based in Carson City, NV. 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 June 2023, Brewery Arts Center reported income of $573k and spending of $563k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $507k to $573k (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2022, when income rose by 2119%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brewery Arts Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within NV. Charities of a similar size with the same main cause include Henry Jackson Society Inc ($573k), Visceral Dance Chicago NFP ($573k) and Red Mill Museum Village Inc ($573k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $158k. At year end it held assets of $1.2m against liabilities of $227k, net assets of $960k. It reported 10 employees.