Andres Institute of Art

Analysis

Andres Institute of Art is a registered charity in United States, based in Brookline, NH. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Andres Institute of Art reported income of $64k and spending of $118k, spending 185% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $165k to $64k (-61%), an average of -61% a year. The sharpest change came in the year to December 2023, when income dropped by 61%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Andres Institute of Art sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within NH. Charities of a similar size with the same main cause include Eastern Center for Arts and Technology Foundation ($64k), Center for Preservation Initiatives ($64k) and Ivy Pearl Foundation ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $462k against liabilities of $497k, net assets of -$35k.