International Arts Relations Inc

Analysis

International Arts Relations Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1972, 54 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 2023, International Arts Relations Inc reported income of $627k and spending of $879k, spending 140% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $382k to $627k (+64%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 122%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, International Arts Relations Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Japanese Cultural Center of Hawaii ($627k), Aamc Foundation ($628k) and Cottage Theatre ($627k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $100k (11% of expenses). Other salaries and wages came to $303k. At year end it held assets of $155k against liabilities of $30k, net assets of $125k. It reported 66 employees.