Artsconnect Inc

Analysis

Artsconnect Inc is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in February 2007, 19 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, Artsconnect Inc reported income of $509k and spending of $421k, spending 83% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $190k to $509k (+168%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 211%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artsconnect Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within KS. Charities of a similar size with the same main cause include The Lyric Chamber Music Society of New York Inc ($509k), Mill Town Players Inc ($509k) and Winston-Salem Festival Ballet Inc ($509k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $70k (17% of expenses). At year end it held assets of $189k against liabilities of $4,684, net assets of $184k. It reported 1 employees.