Art-Not Terminal Gallery

Analysis

Art-Not Terminal Gallery is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in July 2019, 7 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, Art-Not Terminal Gallery reported income of $54k and spending of $49k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $54k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art-Not Terminal Gallery sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 15th percentile within WA. Charities of a similar size with the same main cause include Long Meadow Art Residency Inc ($54k), Swara Saadhan ($54k) and Atux Forever-Restoring Attuans Freedom ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.