Community Center for the Arts

Analysis

Community Center for the Arts is a registered charity in United States, based in Urbana, IL. It received its IRS tax-exemption ruling in August 2009, 17 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, Community Center for the Arts reported income of $252k and spending of $236k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $225k to $252k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2020, when income rose by 15%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Community Center for the Arts sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Antique Preservation Association of Greenfield ($251k), Hawkeye Indian Cultural Center Inc ($252k) and Russell County Historical Society ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $20k (8.5% of expenses). At year end it held assets of $58k against liabilities of $13k, net assets of $45k.