Empire Arts Center

Analysis

Empire Arts Center is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in August 2002, 24 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, Empire Arts Center reported income of $445k and spending of $525k, spending 118% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $440k to $445k (+1.1%), an average of +0.4% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Empire Arts Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within ND. Charities of a similar size with the same main cause include Carolina Dance Collaborative ($445k), Lincoln County Historical Society ($445k) and Beljanski Foundation Inc ($445k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $54k (10% of expenses). Other salaries and wages came to $71k. At year end it held assets of $743k against liabilities of $44k, net assets of $699k. It reported 8 employees.