Encaustic Art Inc

Analysis

Encaustic Art Inc is a registered charity in United States, based in Cerrillos, NM. It received its IRS tax-exemption ruling in June 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, Encaustic Art Inc reported income of $60k and spending of $75k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $64k to $60k (-6.9%), an average of -6.9% a year. Over the whole period it spent 124% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Encaustic Art Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within NM. Charities of a similar size with the same main cause include Liceo de Arte Del Sur Inc ($60k), American Association of Physicists in Medicine ($60k) and Meigs Band Boosters ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $12k against liabilities of $31k, net assets of -$19k.