Sammons Center for the Arts

Analysis

Sammons Center for the Arts is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 1981, 45 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 August 2023, Sammons Center for the Arts reported income of $1.0m and spending of $968k, spending 95% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $928k to $1.0m (+10%), an average of +2.4% a year. The sharpest change came in the year to August 2021, when income rose by 47%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sammons Center for the Arts sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include The Andrew Keegan Theatre Company ($1.0m), Morris Thomspon Cultural & Visitors Center ($1.0m) and Matthews Playhouse of Performing Arts Inc ($1.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 73% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $114k (12% of expenses). Other salaries and wages came to $389k. At year end it held assets of $1.5m against liabilities of $175k, net assets of $1.4m. It reported 11 employees.