Associated Artists of Pittsburgh

Analysis

Associated Artists of Pittsburgh is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in July 1960, 66 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, Associated Artists of Pittsburgh reported income of $246k and spending of $304k, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $175k to $246k (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2020, when income rose by 52%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Associated Artists of Pittsburgh sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Insect Asylum Inc ($246k), Kingman Public Library ($246k) and Danielandsomesuperfriends Incorporated ($246k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $58k (19% of expenses). Other salaries and wages came to $56k. At year end it held assets of $735k against liabilities of $220k, net assets of $516k. It reported 5 employees.