Art Start Incorporated

Analysis

Art Start Incorporated is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1999, 27 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 December 2023, Art Start Incorporated reported income of $1.4m and spending of $1.3m, spending 91% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $675k to $1.4m (+115%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art Start Incorporated sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Bach Choir of Bethlehem ($1.4m), Arizona Academy of the Performing Arts Inc ($1.4m) and Wooster Group Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $233k (18% of expenses). Other salaries and wages came to $534k. At year end it held assets of $764k against liabilities of $292k, net assets of $472k. It reported 59 employees.