Art of Elan

Analysis

Art of Elan is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 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 June 2024, Art of Elan reported income of $461k and spending of $383k, spending 83% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $298k to $461k (+55%), an average of +9.1% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 86% 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 of Elan sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Virginia Hispanic Chamber Foundation Inc ($461k), Shipyard Studios ($461k) and Teatro Audaz San Antonio ($461k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $79k (21% of expenses). It paid $11k in professional fundraising fees. At year end it held assets of $257k against liabilities of $2,565, net assets of $254k. It reported 2 employees.