Arts by the People Inc

Analysis

Arts by the People Inc is a registered charity in United States, based in Morristown, NJ. It received its IRS tax-exemption ruling in October 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, Arts by the People Inc reported income of $198k and spending of $204k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $177k to $198k (+12%), an average of +12% a year. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts by the People Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 61st percentile within NJ. Charities of a similar size with the same main cause include Wichita Falls Youth Symphony Orchestra ($198k), Lancaster Museum and Public Art Foundation ($198k) and Groove Inc ($198k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $1,865 against liabilities of $4,928, net assets of -$3,063.