Arts and Healing Initiative

Analysis

Arts and Healing Initiative is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Arts and Healing Initiative reported income of $387k and spending of $414k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $360k to $387k (+7.6%), an average of +1.9% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Arts and Healing Initiative sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Dimensions of Wellness Inc a Nonprofit Organization ($387k), Here-S to Life Inc ($387k) and Warrior Built Foundation Inc ($387k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $1,500 (0.4% of expenses). Other salaries and wages came to $188k. At year end it held assets of $121k against liabilities of $20k, net assets of $101k. It reported 8 employees.