Decorative Arts Trust

Analysis

Decorative Arts Trust is a registered charity in United States, based in Media, PA. It received its IRS tax-exemption ruling in February 1978, 48 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 December 2023, Decorative Arts Trust reported income of $3.6m and spending of $3.3m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $3.6m (-4.2%), an average of -1.1% a year. The sharpest change came in the year to December 2020, when income dropped by 38%. Over the whole period it spent 57% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Decorative Arts Trust sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Duluth Playhouse Inc ($3.6m), Ocean Visions Inc ($3.6m) and Bang on a Can Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 78% of the total. Other salaries and wages came to $440k. At year end it held assets of $8.7m against liabilities of $48k, net assets of $8.6m. It reported 5 employees.