The Atelier Studio Program of Fine Arts

Analysis

The Atelier Studio Program of Fine Arts is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 1972, 54 years ago. 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 July 2024, The Atelier Studio Program of Fine Arts reported income of $477k and spending of $498k, spending 104% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $300k to $477k (+59%), an average of +12% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Atelier Studio Program of Fine Arts sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Wildflower Foundation ($477k), Boy Scouts of America ($477k) and Habitat for Humanity International Inc ($477k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 28% and program service revenue 72% of the total. Other salaries and wages came to $160k. At year end it held assets of $214k against liabilities of $108k, net assets of $106k. It reported 19 employees.