Strata Gallery

Analysis

Strata Gallery is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in March 2022, 4 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, Strata Gallery reported income of $87k and spending of $72k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $87k (+7.1%), an average of +7.1% a year. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Strata Gallery sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 29th percentile within NM. Charities of a similar size with the same main cause include Refracted Theatre Company ($87k), Lithuanian World Community ($87k) and Performance Edge Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 29% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.