Gallery X Inc is a 501(c)(3) organization based in New Bedford, Massachusetts, registered in 1992, with $126,601 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$127K
▼ 5.7% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$74K
Net assets
$244K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Gallery X Inc— 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 Gallery X Inc: 39 mo reserves · +41% margin earns a A 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 Gallery X Inc— 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 Gallery X Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $56K (FY2010) to $127K (FY2024) across 15 reported years.
Financial snapshot
Operating margin
41.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$263K
Total liabilities
$19K
Net assets
$244K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $126,601▼5.7% | $74,293▲23.4% | $244,005▲27.3% | $262,671▲24.5% | 990EZ |
| 2023 | $134,275▲9.0% | $60,188▼2.3% | $191,697▲63.0% | $211,061▲51.0% | 990EZ |
| 2022 | $123,210▲104% | $61,626▲40.0% | $117,610▲82.2% | $139,776▲57.1% | 990EZ |
| 2021 | $60,494▲30.4% | $44,012▲14.1% | $64,546▲34.3% | $88,955▲19.7% | 990EZ |
| 2020 | $46,382▲24.4% | $38,572▼7.1% | $48,064▲19.4% | $74,334▲7.1% | 990EZ |
| 2019 | $37,298▼15.6% | $41,527▼7.2% | $40,254▼9.5% | $69,432▼6.9% | 990EZ |
| 2018 | $44,193▲2.7% | $44,747▲16.7% | $44,483▼1.2% | $74,556▼3.0% | 990EZ |
| 2017 | $43,020▼15.3% | $38,352▼27.2% | $45,037▲11.6% | $76,874▲3.0% | 990EZ |
| 2016 | $50,791▲8.0% | $52,657▲30.2% | $40,369▼4.4% | $74,615▲17.5% | 990EZ |
| 2015 | $47,020▲4.6% | $40,457▼12.8% | $42,235▲18.4% | $63,512▲7.8% | 990EZ |
| 2014 | $44,953▲17.6% | $46,380▲15.7% | $35,672▼3.8% | $58,930▼4.8% | 990EZ |
| 2013 | $38,223▼19.1% | $40,080▼14.0% | $37,099▼4.8% | $61,888▼7.2% | 990EZ |
| 2012 | $47,221▼6.5% | $46,622▼8.4% | $38,956▲1.6% | $66,671▼3.1% | 990EZ |
| 2011 | $50,513▼9.2% | $50,882▲4.7% | $38,357▼1.0% | $68,837▼4.2% | 990EZ |
| 2010 | $55,644 | $48,579 | $38,726 | $71,853 | 990EZ |
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.
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Data for Gallery X Inc (EIN 04-3136128) 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.