Warehouse Arts Management Organization

Analysis

Warehouse Arts Management Organization is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in August 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 June 2023, Warehouse Arts Management Organization reported income of $315k and spending of $283k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $250k to $315k (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 115% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Warehouse Arts Management Organization sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within AZ. Charities of a similar size with the same main cause include Forum Theatre Company ($315k), LA Musica Di Asolo Inc ($315k) and Grass Roots Cultural and Performing Arts Center ($315k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 79% of the total. At year end it held assets of $1.5m against liabilities of $830k, net assets of $685k.