Arts Horizons Inc

Analysis

Arts Horizons Inc is a registered charity in United States, based in Englewd CLFS, NJ. It received its IRS tax-exemption ruling in December 1982, 44 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Arts Horizons Inc reported income of $790k and spending of $922k, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $720k to $790k (+9.7%), an average of +2.3% a year. The sharpest change came in the year to June 2022, when income rose by 108%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts Horizons Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Center for Whale Research ($790k), San Antonio Public Library Foundation ($791k) and Xico Inc ($790k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $239k. At year end it held assets of $364k against liabilities of $392k, net assets of -$28k. It reported 6 employees.