Shemer Art Center and Museum Association Inc Sacama

Analysis

Shemer Art Center and Museum Association Inc Sacama is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 1987, 39 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, Shemer Art Center and Museum Association Inc Sacama reported income of $698k and spending of $519k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $339k to $698k (+106%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 96%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shemer Art Center and Museum Association Inc Sacama sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within AZ. Charities of a similar size with the same main cause include Lakeland Community Theatre Inc ($698k), Epoch Times Northwest ($698k) and Harwich Junior Theatre Inc ($698k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $80k (15% of expenses). Other salaries and wages came to $116k. At year end it held assets of $839k against liabilities of $0, net assets of $839k. It reported 7 employees.