Learning Through an Expanded Arts Program Inc

Analysis

Learning Through an Expanded Arts Program Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1978, 48 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 2023, Learning Through an Expanded Arts Program Inc reported income of $11.3m and spending of $10.3m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.3m to $11.3m (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learning Through an Expanded Arts Program Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Friendship Educational Foundation ($11.3m), Episcopal School of Los Angeles ($11.3m) and American Cornerstone Institute Inc ($11.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $425k (4.1% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $4.4m against liabilities of $2.5m, net assets of $1.8m. It reported 529 employees.