Central Arts Alliance

Analysis

Central Arts Alliance is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 1994, 32 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 June 2023, Central Arts Alliance reported income of $851k and spending of $1.2m, spending 143% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $851k (-32%), an average of -9.2% a year. The sharpest change came in the year to June 2021, when income rose by 93%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Central Arts Alliance sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 74th percentile within AZ. Charities of a similar size with the same main cause include Friends of the Midwest Theater ($851k), Oss Society Inc ($851k) and Friends of Lied ($850k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $88k (7.2% of expenses). Other salaries and wages came to $375k. At year end it held assets of $326k against liabilities of $272k, net assets of $54k. It reported 24 employees.