Artists for Community Transformation Intl Inc

Analysis

Artists for Community Transformation Intl Inc is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Artists for Community Transformation Intl Inc reported income of $1.6m and spending of $1.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $831k to $1.6m (+89%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Artists for Community Transformation Intl Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include William H Davis & Dorothy M Davis & William C Davis Foundation ($1.6m), Chesapeake Bay Wine Classic Foundation ($1.6m) and Panorama Benevolent Fund ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.1% of the total. Other salaries and wages came to $363k. At year end it held assets of $449k against liabilities of $17k, net assets of $432k. It reported 8 employees.