Center for Art & Education

Analysis

Center for Art & Education is a registered charity in United States, based in Van Buren, AR. It received its IRS tax-exemption ruling in February 1978, 48 years ago. 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 2023, Center for Art & Education reported income of $1.2m and spending of $1.2m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.3m to $1.2m (-4.3%), an average of -1.5% a year. The sharpest change came in the year to June 2022, when income rose by 203%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Art & Education sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within AR. Charities of a similar size with the same main cause include Waterford at St Luke ($1.2m), The Community Ecology Institute ($1.2m) and Croton Free Library ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 9.6% of the total. Other salaries and wages came to $286k. At year end it held assets of $8.5m against liabilities of $213k, net assets of $8.3m. It reported 12 employees.