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 2024
$699K
Total Revenue
$447K
Total Expenses
$1.9M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
47.2%
Fundraising Efficiency
N/A
Operating Reserve
51.09x
Liability-to-Asset
0.0%
Revenue Diversification
47.8%
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 |
|---|---|---|---|---|---|
| 2024 | $699K | $447K | $1.9M | 47.2% | 0 |
| 2023 | $354K | $352K | $1.8M | 48.3% | 0 |
| 2022 | $166K | $197K | $1.8M | 51.1% | 2 |
| 2021 | $306K | $164K | N/A | — | 2 |
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