Torn Curtain Arts

Analysis

Torn Curtain Arts is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in June 2010, 16 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, Torn Curtain Arts reported income of $70k and spending of $63k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $70k (+5.3%), an average of +5.3% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Torn Curtain Arts sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 24th percentile within CO. Charities of a similar size with the same main cause include Tea Artistry Corp ($70k), Historic Trinity Inc ($70k) and Kazimierz Pulaski Polish Language School Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $9,525 against liabilities of $277, net assets of $9,248.