Artsnatchez Inc

Analysis

Artsnatchez Inc is a registered charity in United States, based in Natchez, MS. It received its IRS tax-exemption ruling in August 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 December 2023, Artsnatchez Inc reported income of $63k and spending of $74k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $63k (-9.5%), an average of -9.5% a year. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artsnatchez Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within MS. Charities of a similar size with the same main cause include Des Moines Community Radio Foundation ($63k), Pennridge Music Association ($63k) and The Art Connection in Rhode Island ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 88% of the total. At year end it held assets of $135k against liabilities of $6,328, net assets of $129k.