Gallery One
Analysis
Gallery One is a registered charity in United States, based in Ellensburg, WA. It received its IRS tax-exemption ruling in February 1971, 55 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, Gallery One reported income of $440k and spending of $510k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $317k to $440k (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 124%. 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, Gallery One sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Rehoboth Antiquarian Society ($440k), Council of State Archivists ($440k) and Friends of the Paragon Carousel Inc ($440k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $70k (14% of expenses). Other salaries and wages came to $196k. At year end it held assets of $1.3m against liabilities of $99k, net assets of $1.2m.
Income and spending
Where the income comes from
- Contributions & grants 41%
- Program services 17%
- Other 41%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rehoboth Antiquarian Society | Rehoboth | $440k |
| Council of State Archivists | Boston | $440k |
| Friends of the Paragon Carousel Inc | Hull | $440k |
| Atlanta Jazz Festival Inc | Atlanta | $440k |