5 4 7 Arts Center

Analysis

5 4 7 Arts Center is a registered charity in United States, based in Greensburg, KS. It received its IRS tax-exemption ruling in April 2004, 22 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 December 2023, 5 4 7 Arts Center reported income of $149k and spending of $119k, spending 80% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $636k to $149k (-77%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 32% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 5 4 7 Arts Center sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within KS. Charities of a similar size with the same main cause include Nevadas Center for Entrepreneurship and Technology ($149k), Salute Selma ($149k) and The Chamber Orchestra of Pittsburgh ($149k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 84% of the total. Other salaries and wages came to $23k. At year end it held assets of $976k against liabilities of $1,141, net assets of $975k. It reported 3 employees.