Art Trek Inc

Analysis

Art Trek Inc is a registered charity in United States, based in Newbury Park, CA. It received its IRS tax-exemption ruling in November 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 June 2023, Art Trek Inc reported income of $5.6m and spending of $4.1m, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $5.6m (+74%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 281%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art Trek Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Crow Canyon Archaeological Center ($5.6m), Seward Redesign Inc ($5.6m) and Houston Ballet Guild Inc ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $345k (8.4% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $4.6m against liabilities of $35k, net assets of $4.5m. It reported 164 employees.