Belton Center for the Arts

Analysis

Belton Center for the Arts is a registered charity in United States, based in Belton, SC. It received its IRS tax-exemption ruling in September 2000, 26 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 December 2023, Belton Center for the Arts reported income of $98k and spending of $127k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $112k to $98k (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2021, when income rose by 81%. 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, Belton Center for the Arts sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 42nd percentile within SC. Charities of a similar size with the same main cause include Midwest Fine Arts Society Inc ($98k), Lucius Woods Performing Arts Center Inc ($98k) and Denver Fringe Festival Inc ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $36k (28% of expenses). Other salaries and wages came to $14k. At year end it held assets of $358k against liabilities of $2,754, net assets of $355k. It reported 3 employees.