Have Art Will Travel Inc

Analysis

Have Art Will Travel Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1978, 48 years ago. 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 December 2023, Have Art Will Travel Inc reported income of $138k and spending of $158k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $181k to $138k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Have Art Will Travel Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Valley Creek Volunteer Fire Department ($138k), Little League Baseball Inc ($138k) and International College of Integrative Medicine Inc ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 12% of the total. At year end it held assets of $143k against liabilities of $3,470, net assets of $139k.