621 Gallery Inc

Analysis

621 Gallery Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in April 1991, 35 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, 621 Gallery Inc reported income of $75k and spending of $48k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $75k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 621 Gallery Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Friends of Wells-Robertson House Inc ($75k), Utr Media ($75k) and Medford Public Library Foundation Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.