Emerald Empire Art Association Inc

Analysis

Emerald Empire Art Association Inc is a registered charity in United States, based in Springfield, OR. It received its IRS tax-exemption ruling in June 1968, 58 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, Emerald Empire Art Association Inc reported income of $132k and spending of $181k, spending 137% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $113k to $132k (+17%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 121% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Emerald Empire Art Association Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OR. Charities of a similar size with the same main cause include Historical Society & Museum for the Ca Dept of Forestry ($132k), Santa Barbara Dance Institute ($132k) and Concordia Heritage Association Inc ($132k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 50% of the total. Other salaries and wages came to $58k. At year end it held assets of $733k against liabilities of $1,527, net assets of $732k. It reported 5 employees.