Nine10arts

Analysis

Nine10arts is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 2006, 20 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, Nine10arts reported income of $55k and spending of $46k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10k to $55k (+431%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nine10arts sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within CO. Charities of a similar size with the same main cause include Radnor Hunt Concours Delegance Inc ($55k), The Breema Center ($55k) and Brickbottom Artists Association Inc ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.