Celtic Junction Arts Center Inc

Analysis

Celtic Junction Arts Center Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 2021, 5 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, Celtic Junction Arts Center Inc reported income of $308k and spending of $360k, spending 117% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $393k to $308k (-22%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Celtic Junction Arts Center Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Ignite Theatre Company ($308k), Cultural Enrichment Center of Fort Collins ($308k) and World Affairs Council of Kentucky Southern Indiana ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $42k (12% of expenses). Other salaries and wages came to $24k. At year end it held assets of $293k against liabilities of $7,587, net assets of $285k. It reported 2 employees.