American Institute of Graphic Arts

Analysis

American Institute of Graphic Arts is a registered charity in United States, based in Hastings HDSN, NY. It received its IRS tax-exemption ruling in April 1991, 35 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, American Institute of Graphic Arts reported income of $76k and spending of $137k, spending 181% of what it took in. Across the 4 years on record, from August 2020 to August 2023, income fell from $152k to $76k (-50%), an average of -21% a year. The sharpest change came in the year to August 2022, when income rose by 121%. Over the whole period it spent 126% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Institute of Graphic Arts sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Make-Believe Association ($76k), Freedom Band Foundation of Los Angeles ($76k) and Young Voices of Austin ($76k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $86k (62% of expenses). At year end it held assets of $63k against liabilities of $8,531, net assets of $54k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.