Artportunity Knocks

Analysis

Artportunity Knocks is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 2011, 15 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, Artportunity Knocks reported income of $986k and spending of $955k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $355k to $986k (+178%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 157%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artportunity Knocks sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within GA. Charities of a similar size with the same main cause include Telluride Society for Jazz ($986k), Boston Critic Inc ($986k) and Perseverance Theatre Incorporated ($986k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.5% of the total. Other salaries and wages came to $156k. At year end it held assets of $164k against liabilities of $272k, net assets of -$107k. It reported 14 employees.