Central District Forum for Arts and Ideas

Analysis

Central District Forum for Arts and Ideas is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in May 1999, 27 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Central District Forum for Arts and Ideas reported income of $297k and spending of $440k, spending 148% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income grew from $264k to $297k (+13%), an average of +4.0% a year. The sharpest change came in the year to June 2023, when income dropped by 38%. Over the whole period it spent 129% 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 District Forum for Arts and Ideas sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within WA. Charities of a similar size with the same main cause include American Bookbinders Museum ($297k), Puget Sound Revels ($297k) and St Johns Festa Inc ($297k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $118k (27% of expenses). Other salaries and wages came to $100k. At year end it held assets of $111k against liabilities of $6,345, net assets of $105k. It reported 5 employees.