Sanctuary Art Center

Analysis

Sanctuary Art Center is a registered charity in United States, based in Shoreline, WA. It received its IRS tax-exemption ruling in August 2003, 23 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 December 2023, Sanctuary Art Center reported income of $419k and spending of $456k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $676k to $419k (-38%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sanctuary Art Center sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within WA. Charities of a similar size with the same main cause include Indo-American Association ($419k), Norway Hall Foundation a Non Profit California Corporation ($419k) and Holly Springs Center ($419k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $104k (23% of expenses). Other salaries and wages came to $26k. At year end it held assets of $132k against liabilities of $33k, net assets of $99k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.