Norman Lowell Art Gallery Foundation

Analysis

Norman Lowell Art Gallery Foundation is a registered charity in United States, based in Anchor Point, AK. It received its IRS tax-exemption ruling in June 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, Norman Lowell Art Gallery Foundation reported income of $84k and spending of $108k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $92k to $84k (-9.4%), an average of -2.4% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 148% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Norman Lowell Art Gallery Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 27th percentile within AK. Charities of a similar size with the same main cause include The Nolumbeka Project Inc ($84k), Washington Island Music Festival Inc ($84k) and Opera Buffs ($84k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $32k. At year end it held assets of $561k against liabilities of $409, net assets of $560k. It reported 1 employees.