Society of Animal Artists Inc

Analysis

Society of Animal Artists Inc is a registered charity in United States, based in Berthoud, CO. It received its IRS tax-exemption ruling in June 1983, 43 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 (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, Society of Animal Artists Inc reported income of $93k and spending of $86k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $117k to $93k (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society of Animal Artists Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 31st percentile within CO. Charities of a similar size with the same main cause include Vaud- Villities Productions ($93k), Pennwriters Inc ($93k) and Pontotoc County Historical Society Inc ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $49k (57% of expenses). At year end it held assets of $515k against liabilities of $0, net assets of $515k.