Hamiltonian Artists Inc

Analysis

Hamiltonian Artists Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Hamiltonian Artists Inc reported income of $737k and spending of $400k, leaving 46% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $289k to $737k (+155%), an average of +60% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hamiltonian Artists Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 50th percentile within DC. Charities of a similar size with the same main cause include Union Band Parents Club Inc ($737k), Closer Look Learning Center Inc ($737k) and Alabama Leaders in Educational Technology ($737k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $105k (26% of expenses). Other salaries and wages came to $111k. At year end it held assets of $812k against liabilities of $1.5m, net assets of -$650k. It reported 3 employees.