Art Play Inc

Analysis

Art Play Inc is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in December 1982, 44 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Art Play Inc reported income of $114k and spending of $128k, spending 113% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income fell from $126k to $114k (-9.4%), an average of -9.4% a year. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Art Play Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 34th percentile within ME. Charities of a similar size with the same main cause include Elizabeths Vision a Nonprofit Corporation ($114k), White Wolf Wellness Foundation ($114k) and Lubbock Roots Historical Arts Council ($114k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 13% and program service revenue 85% of the total. At year end it held assets of $50k against liabilities of $17k, net assets of $33k.