Arc of the Central Mountains

Analysis

Arc of the Central Mountains is a registered charity in United States, based in Glenwood SPGS, CO. It received its IRS tax-exemption ruling in March 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Arc of the Central Mountains reported income of $277k and spending of $242k, spending 87% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $210k to $277k (+32%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 17%. 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, Arc of the Central Mountains sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within CO. Charities of a similar size with the same main cause include Cedarburg Art Museum & Society Inc ($276k), Mohuman ($277k) and Classical Ballet of Mobile Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $89k (37% of expenses). Other salaries and wages came to $69k. At year end it held assets of $176k against liabilities of $3,807, net assets of $172k. It reported 5 employees.