Americans for the Arts Foundationinc

Analysis

Americans for the Arts Foundationinc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2008, 18 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Americans for the Arts Foundationinc reported income of $76k and spending of $74, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $88k to $76k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2022, when income rose by 379%. Over the whole period it spent 32% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Americans for the Arts Foundationinc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 15th percentile within DC. Charities of a similar size with the same main cause include German-American Scholarship Association Inc ($76k), Amherst Glebe Arts Response Inc ($76k) and North Valley Chorale ($76k).

At year end it held assets of $3.7m against liabilities of $0, net assets of $3.7m.