Arts Rochester Inc

Analysis

Arts Rochester Inc is a registered charity in United States, based in Somersworth, NH. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Arts Rochester Inc reported income of $466k and spending of $408k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $336k to $466k (+39%), an average of +8.5% a year. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Arts Rochester Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within NH. Charities of a similar size with the same main cause include Downtown Revitalization and Improvement Volunteer Effort Inc ($466k), Southeast Utah Community Development Corporation ($466k) and Civstart Corp ($466k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 96% of the total. Other salaries and wages came to $146k. At year end it held assets of $258k against liabilities of -$65, net assets of $258k. It reported 23 employees.