Mission Statement
The Gateway Regional Arts Center leverages the transformative power of art and culture to address critical community challenges by providing extraordinary creative experiences, sharing local and global perspectives, and promoting the arts as an important solution to holistic well-being. The institution serves as a flagship hub of arts & cultural education for Central and Eastern Kentucky, and aims to foster civic dialogue through creative and artistic activities that are accessible to all people, honoring the rich diversity of voices in our rural communities.
Financial Overview — FY 2023
$354K
Total Revenue
$352K
Total Expenses
$1.8M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
48.3%
Fundraising Efficiency
0.0%
Operating Reserve
60.98x
Liability-to-Asset
0.0%
Revenue Diversification
66.9%
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Multi-disciplinatry arts and culture education and experiences for ALL people | 28,000 | $10.00 | — | Lifetime |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $354K | $352K | $1.8M | 48.3% | 0 |
| 2022 | $166K | $197K | N/A | — | 2 |
| 2021 | $306K | $164K | N/A | — | 2 |
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