Dairy Center for the Arts

Analysis

Dairy Center for the Arts is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in June 1992, 34 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 2023, Dairy Center for the Arts reported income of $1.9m and spending of $2.1m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $1.9m (+5.3%), an average of +1.3% a year. The sharpest change came in the year to June 2022, when income rose by 214%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dairy Center for the Arts sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CO. Charities of a similar size with the same main cause include Grabhorn Institute ($1.9m), Harmony Foundation International in C ($1.9m) and Concord Antiquarian Society ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $126k (6.0% of expenses). Other salaries and wages came to $715k. At year end it held assets of $10.9m against liabilities of $251k, net assets of $10.7m. It reported 44 employees.