Arts Every Day Inc

Analysis

Arts Every Day Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in April 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Arts Every Day Inc reported income of $2.0m and spending of $1.7m, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $483k to $2.0m (+313%), an average of +43% a year. The sharpest change came in the year to June 2023, when income rose by 77%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arts Every Day Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MD. Charities of a similar size with the same main cause include American Friends of Yeshivath Meor Hatalmud ($2.0m), Lakeland Montessori Schoolhouse Inc ($2.0m) and Community Foundation of Prince Edward Island ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $95k (5.5% of expenses). Other salaries and wages came to $438k. At year end it held assets of $1.5m against liabilities of $664k, net assets of $853k. It reported 25 employees.