Moore College of Art and Design

Analysis

Moore College of Art and Design is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 1934, 92 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Moore College of Art and Design reported income of $28.9m and spending of $25.9m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $28.8m to $28.9m (+0.5%), an average of +0.1% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Moore College of Art and Design sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include New Foundations Charter School ($28.9m), Wheeling Jesuit University Inc ($28.9m) and Gordon Conwell Theological Seminary Inc ($28.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.3% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $1.8m (7.0% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $93.6m against liabilities of $12.8m, net assets of $80.8m. It reported 441 employees.