Institute Artes Liberales Foundation

Analysis

Institute Artes Liberales Foundation is a registered charity in United States, based in Poland. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3).

In the financial year ending December 2023, Institute Artes Liberales Foundation reported income of $338k and spending of $407k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $850k to $338k (-60%), an average of -21% a year. The sharpest change came in the year to December 2022, when income rose by 1205%. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute Artes Liberales Foundation sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile. Charities of a similar size with the same main cause include Youth Justice Alliance ($338k), Florence Bernard-Alta Miller Scholarship Trust Fund ($338k) and Southland Bible Institute ($338k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $71k (17% of expenses). Other salaries and wages came to $163k. At year end it held assets of $655k against liabilities of $318k, net assets of $337k.