Art 4 Life

Analysis

Art 4 Life is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Art 4 Life reported income of $1.8m and spending of $935k, leaving 47% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $954k to $1.8m (+87%), an average of +23% a year. The sharpest change came in the year to August 2022, when income rose by 807%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art 4 Life sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OR. Charities of a similar size with the same main cause include Palm Springs Friends of Philharmonic ($1.8m), Chicago Psychoanalytic Institute ($1.8m) and Grand Central Atelier Inc ($1.8m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $98k (11% of expenses). Other salaries and wages came to $476k. At year end it held assets of $2.2m against liabilities of $143k, net assets of $2.0m. It reported 41 employees.