Yeiser Art Center Inc

Analysis

Yeiser Art Center Inc is a registered charity in United States, based in Paducah, KY. It received its IRS tax-exemption ruling in February 1966, 60 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 2022, Yeiser Art Center Inc reported income of $265k and spending of $115k, leaving 56% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $110k to $265k (+140%), an average of +34% a year. The sharpest change came in the year to June 2022, when income rose by 122%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Yeiser Art Center Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within KY. Charities of a similar size with the same main cause include Irving Community Theater Inc ($265k), Institute for the Next Jewish Future Injf ($265k) and Tifton Council for the Arts Inc ($265k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 39% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $79k (68% of expenses). Other salaries and wages came to $300. At year end it held assets of $88k against liabilities of $2,155, net assets of $86k. It reported 3 employees.