Vision Into Arts Presents Inc

Analysis

Vision Into Arts Presents Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2021, 5 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, Vision Into Arts Presents Inc reported income of $607k and spending of $611k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $625k to $607k (-2.9%), an average of -2.9% a year. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vision Into Arts Presents Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Grand County Blues Society ($607k), Eighth Blackbird Performing Arts Association ($607k) and Free Arts for Abused Children ($607k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $65k (11% of expenses). Other salaries and wages came to $145k. At year end it held assets of $35k against liabilities of $39k, net assets of -$4,064.