Artisanworks and Events Inc

Analysis

Artisanworks and Events Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in December 2000, 26 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 March 2024, Artisanworks and Events Inc reported income of $1.2m and spending of $535k, leaving 55% of income unspent that year. Across the 6 years on record, from March 2019 to March 2024, income fell from $1.8m to $1.2m (-35%), an average of -8.2% a year. The sharpest change came in the year to March 2020, when income dropped by 35%. Over the whole period it spent 49% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artisanworks and Events Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Solutions to End Poverty Soon Inc ($1.2m), Rohingya Culture Center ($1.2m) and Art Into Acres ($1.2m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 65% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $41k (7.6% of expenses). Other salaries and wages came to $69k. At year end it held assets of $14.2m against liabilities of $1.7m, net assets of $12.5m. It reported 7 employees.