Carl Maxey Center

Analysis

Carl Maxey Center is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in July 2019, 7 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, Carl Maxey Center reported income of $1.6m and spending of $1.2m, leaving 26% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $961k to $1.6m (+67%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 122%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Carl Maxey Center sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WA. Charities of a similar size with the same main cause include United Irish Cultural Center Inc ($1.6m), Womens Welsh Clubs of America Foundation ($1.6m) and Utah Arts Festival Foundation Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $219k. It paid $33k in professional fundraising fees. At year end it held assets of $3.1m against liabilities of $80k, net assets of $3.1m. It reported 9 employees.