United States Artists Inc

Analysis

United States Artists Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2004, 22 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, United States Artists Inc reported income of $10.7m and spending of $10.5m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.7m to $10.7m (+87%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 136%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, United States Artists Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Sterling & Francine Clark Art Inst ($10.7m), Texas Center for Arts-Academics ($10.7m) and Barnes Foundation ($10.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 46% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $599k (5.7% of expenses). Other salaries and wages came to $909k. At year end it held assets of $55.8m against liabilities of $6.4m, net assets of $49.4m. It reported 22 employees.