Renaissance Arts Center Inc

Analysis

Renaissance Arts Center Inc is a registered charity in United States, based in Rupert, ID. It received its IRS tax-exemption ruling in June 2000, 26 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 March 2024, Renaissance Arts Center Inc reported income of $470k and spending of $531k, spending 113% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $288k to $470k (+63%), an average of +13% a year. The sharpest change came in the year to March 2022, when income rose by 125%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Renaissance Arts Center Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within ID. Charities of a similar size with the same main cause include Trickster Art Gallery ($470k), Theater at Monmouth ($470k) and C-Net ($470k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 33% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $46k (8.7% of expenses). Other salaries and wages came to $20k. At year end it held assets of $2.2m against liabilities of $2,116, net assets of $2.2m. It reported 3 employees.