Cache Valley Center for the Arts

Analysis

Cache Valley Center for the Arts is a registered charity in United States, based in Logan, UT. It received its IRS tax-exemption ruling in December 1989, 37 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 June 2023, Cache Valley Center for the Arts reported income of $2.3m and spending of $2.0m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.4m to $2.3m (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cache Valley Center for the Arts sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within UT. Charities of a similar size with the same main cause include World Music Inc ($2.3m), Long Beach Museum of Art Foundation ($2.3m) and Childrens Museum Corporation of Rutherford County ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 43% of the total. Other salaries and wages came to $519k. At year end it held assets of $7.3m against liabilities of $48k, net assets of $7.2m. It reported 59 employees.