Coleman Center for the Arts

Analysis

Coleman Center for the Arts is a registered charity in United States, based in York, AL. It received its IRS tax-exemption ruling in June 1984, 42 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 September 2023, Coleman Center for the Arts reported income of $271k and spending of $428k, spending 158% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $698k to $271k (-61%), an average of -21% a year. The sharpest change came in the year to September 2020, when income dropped by 79%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Coleman Center for the Arts 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 60th percentile, and in the 61st percentile within AL. Charities of a similar size with the same main cause include Radiance Ministries ($271k), Irish Heritage Center Charitable Foundation Inc ($271k) and Hillsborough Arts Council ($271k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $113k (26% of expenses). Other salaries and wages came to $114k. At year end it held assets of $550k against liabilities of $7,255, net assets of $542k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.