Heals Center for the Arts

Analysis

Heals Center for the Arts is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in December 2016, 10 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, Heals Center for the Arts reported income of $196k and spending of $180k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $81k to $196k (+142%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 162%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Heals Center for the Arts sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within MO. Charities of a similar size with the same main cause include The Society for the Preservation of the Masonic Temple ($196k), Eleven Pictures Ltd ($196k) and Grand Marais Playhouse Inc ($196k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.8% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.