Fresh Artists

Analysis

Fresh Artists is a registered charity in United States, based in Lafayette HL, PA. It received its IRS tax-exemption ruling in February 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 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 August 2022, Fresh Artists reported income of $781k and spending of $811k, spending 104% of its income. Across the 4 years on record, from August 2019 to August 2022, income grew from $548k to $781k (+43%), an average of +12% a year. The sharpest change came in the year to August 2021, when income rose by 64%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fresh Artists sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Minnesota Street Project Foundation ($781k), Dance Masters of America Inc ($781k) and Spacetec Partners Inc ($781k).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $18k (2.2% of expenses). Other salaries and wages came to $140k. At year end it held assets of $821k against liabilities of $160k, net assets of $661k. It reported 7 employees.