Intersect Arts Center
Analysis
Intersect Arts Center is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in November 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 June 2024, Intersect Arts Center reported income of $497k and spending of $508k, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $231k to $497k (+115%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 69%. Over the whole period it spent 88% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Intersect Arts Center sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within MO. Charities of a similar size with the same main cause include Explore Buffalo Inc ($497k), Shake Rag Alley Inc ($497k) and Community Media Access Partnership ($497k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $102k (20% of expenses). Other salaries and wages came to $263k. At year end it held assets of $245k against liabilities of $4,700, net assets of $241k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 60%
- Program services 21%
- Other 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Explore Buffalo Inc | Buffalo | $497k |
| Shake Rag Alley Inc | Mineral Point | $497k |
| Community Media Access Partnership | Gilroy | $497k |
| Ankhkasta Natural Healing | Houston | $497k |