Englewood Arts a Missouri Non-Profit Corporation

Analysis

Englewood Arts a Missouri Non-Profit Corporation is a registered charity in United States, based in Independence, MO. It received its IRS tax-exemption ruling in November 2020, 6 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, Englewood Arts a Missouri Non-Profit Corporation reported income of $643k and spending of $663k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.3m to $643k (-49%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 40% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Englewood Arts a Missouri Non-Profit Corporation sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 71st percentile within MO. Charities of a similar size with the same main cause include Garrison Art Center ($643k), Charlotte Mecklenburg Public Access Corporation ($643k) and Cantata Singers Inc ($643k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $88k (13% of expenses). Other salaries and wages came to $185k. It paid $3,900 in professional fundraising fees. At year end it held assets of $3.6m against liabilities of $1.5m, net assets of $2.1m. It reported 9 employees.