Visual AIDS for the Arts Inc

Analysis

Visual AIDS for the Arts Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 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 (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 2022, Visual AIDS for the Arts Inc reported income of $821k and spending of $796k, spending 97% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $655k to $821k (+25%), an average of +7.8% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Visual AIDS for the Arts Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Public Health Watch Inc ($821k), Center for Research on Modernity in Transition ($822k) and Philosophical Research Society Inc ($821k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 68% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $90k (11% of expenses). Other salaries and wages came to $202k. At year end it held assets of $385k against liabilities of $116k, net assets of $270k. It reported 7 employees.