Galena Art & Recreation Center is a 501(c)(3) organization based in Galena, Illinois, registered in 1968, with $1,155,998 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.2M
▲ 1.2% vs prior year
Expenses (FY2024)
$1.3M
Net assets
$1.8M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Galena Art & Recreation Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Galena Art & Recreation Center: 17 mo reserves · -10% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Galena Art & Recreation Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Galena Art & Recreation Center: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $400K (FY2014) to $1.2M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-9.6%
Spent more than it raised in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$60K
Net assets
$1.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,155,998▲1.2% | $1,266,994▼1.3% | $1,822,809▼5.7% | $1,882,936▼2.8% | 990 |
| 2023 | $1,142,844▲13.6% | $1,283,729▲14.6% | $1,933,805▼6.8% | $1,936,909▼7.1% | 990 |
| 2022 | $1,005,922▼14.8% | $1,120,050▲32.4% | $2,074,690▼5.2% | $2,085,878▼9.3% | 990 |
| 2021 | $1,180,194▲48.2% | $845,867▲19.0% | $2,188,818▲18.0% | $2,298,497▲9.4% | 990 |
| 2020 | $796,157▼19.2% | $710,554▲13.3% | $1,854,491▲4.8% | $2,100,784▼0.5% | 990 |
| 2019 | $985,878▲4.1% | $627,274▲41.1% | $1,768,888▲23.2% | $2,110,883▲19.4% | 990 |
| 2018 | $946,743▲86.0% | $444,530▲2.9% | $1,435,285▲53.8% | $1,768,158▲88.9% | 990 |
| 2017 | $509,044▲15.7% | $431,887▲4.4% | $933,072▲9.0% | $935,996▲9.3% | 990 |
| 2016 | $439,967▲26.3% | $413,636▲3.2% | $855,915▲3.2% | $856,719▲2.6% | 990 |
| 2015 | $348,300▼12.9% | $400,675▲2.8% | $829,584▼5.9% | $834,993▼5.9% | 990 |
| 2014 | $399,863 | $389,591 | $881,959 | $887,227 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
10 grants to Galena Art & Recreation Center totaling $356K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Chicago Community Trust | General operating support | 2022 | $32,320 |
| The Chicago Community Trust | General operating support | 2021 | $28,338 |
| The Chicago Community Trust | General operating support | 2021 | $28,338 |
| The Chicago Community Trust | General operating support | 2020 | $36,509 |
| The Chicago Community Trust | General operating support | 2019 | $25,574 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $100,250 |
| The Chicago Community Trust | General operating support | 2018 | $32,020 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2018 | $10,000 |
| The Chicago Community Trust | General operating support | 2017 | $31,605 |
| The Chicago Community Trust | See attached. | 2016 | $30,811 |
Explore more
Data for Galena Art & Recreation Center (EIN 36-2616288) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.