Institute for the Development of Education in the Arts

Analysis

Institute for the Development of Education in the Arts is a registered charity in United States, based in Camden, NJ. It received its IRS tax-exemption ruling in October 1996, 30 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, Institute for the Development of Education in the Arts reported income of $254k and spending of $275k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $185k to $254k (+37%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Institute for the Development of Education in the Arts sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 65th percentile within NJ. Charities of a similar size with the same main cause include Clark Youth Theatre Incorporated ($254k), Aeg Foundation ($254k) and 3 Dots Downtown ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $70k against liabilities of $25k, net assets of $45k.