Art House Productions Inc
Analysis
Art House Productions Inc is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in July 2009, 17 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, Art House Productions Inc reported income of $653k and spending of $527k, spending 81% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $384k to $653k (+70%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 83% 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 House Productions Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within NJ. Charities of a similar size with the same main cause include Commusication ($652k), Guitar Foundation of America Inc ($653k) and Turkish Society of Rochester ($652k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $74k (14% of expenses). Other salaries and wages came to $124k. It paid $15k in professional fundraising fees. At year end it held assets of $3.3m against liabilities of $248k, net assets of $3.1m. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Program services 19%
- Other 4.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Commusication | Saint Paul | $652k |
| Guitar Foundation of America Inc | Los Angeles | $653k |
| Turkish Society of Rochester | Rochester | $652k |
| American Lighthouse Foundation | Rockland | $653k |