Artsbridge Foundation Inc

Analysis

Artsbridge Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 2005, 21 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Artsbridge Foundation Inc reported income of $633k and spending of $800k, spending 126% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $787k to $633k (-20%), an average of -5.3% a year. The sharpest change came in the year to September 2021, when income rose by 272%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artsbridge Foundation 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 74th percentile, and in the 77th percentile within GA. Charities of a similar size with the same main cause include US Council of Muslim Organizations ($633k), Birmingham Museum of Art Endowment TR ($633k) and Fort Kids ($633k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 13% of the total. At year end it held assets of $218k against liabilities of $98k, net assets of $120k.