Da Vinci Art Alliance

Analysis

Da Vinci Art Alliance is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 1987, 39 years ago. 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, Da Vinci Art Alliance reported income of $266k and spending of $270k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $205k to $266k (+29%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Da Vinci Art Alliance sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Torrance Memorial Hospital Med Center Auxiliary ($266k), Youth Mentoring Services of Niagara County Inc ($266k) and Canterbury Village Retirement Corporation ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $151k. At year end it held assets of $14k against liabilities of $41k, net assets of -$27k. It reported 7 employees.