Kings Canvas Gallery & Studio is a 501(c)(3) organization based in Montgomery, Alabama, registered in 2018, with $313,626 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$314K
▲ 63.8% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$254K
Net assets
$77K
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 Kings Canvas Gallery & Studio— 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 Kings Canvas Gallery & Studio: 4 mo reserves · +19% 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 Kings Canvas Gallery & Studio— 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 Kings Canvas Gallery & Studio: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $56K (FY2019) to $314K (FY2023) across 5 reported years.
Financial snapshot
Operating margin
19.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$79K
Total liabilities
$2,032
Net assets
$77K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $313,626▲63.8% | $253,705▲15.6% | $77,467▲342% | $79,499▲303% | 990 |
| 2022 | $191,464▲2.9% | $219,533▲7.3% | $17,546▼61.5% | $19,708▼58.7% | 990EZ |
| 2021 | $186,064▲13.8% | $204,666▲91.9% | $45,615▼29.0% | $47,683▼27.1% | 990EZ |
| 2020 | $163,510▲190% | $106,646▲98.7% | $64,217▲773% | $65,372▲590% | 990EZ |
| 2019 | $56,358 | $53,662 | $7,353 | $9,475 | 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.
4 grants to Kings Canvas Gallery & Studio totaling $113K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Network For Good Inc | Unrestricted | 2024 | $30,720 |
| Network For Good Inc | Unrestricted | 2023 | $35,248 |
| Network For Good Inc | Unrestricted | 2022 | $38,787 |
| National Christian Charitable Foundation | Culture | 2021 | $8,100 |
Explore more
Data for Kings Canvas Gallery & Studio (EIN 82-3708477) 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.