Manitou Art Center

Analysis

Manitou Art Center is a registered charity in United States, based in Manitou SPGS, CO. It received its IRS tax-exemption ruling in April 1987, 39 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 December 2023, Manitou Art Center reported income of $327k and spending of $337k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $211k to $327k (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Manitou Art Center sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CO. Charities of a similar size with the same main cause include Taproots Inc ($327k), Howell Township First Aid Squad No 1 ($327k) and McLaughlin Dance Collective ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 11% of the total. Other salaries and wages came to $77k. At year end it held assets of $1.0m against liabilities of $604k, net assets of $417k. It reported 4 employees.