Artmax Academy

Analysis

Artmax Academy is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in July 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 June 2024, Artmax Academy reported income of $73k and spending of $70k, spending 96% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $72k to $73k (+1.5%), an average of +1.5% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artmax Academy sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within OR. Charities of a similar size with the same main cause include Daneville Heritage Association Inc ($73k), Nashville Ballet Foundation ($73k) and Doc Week Middleburg ($73k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 17% of the total. At year end it held assets of $57k against liabilities of $1,032, net assets of $56k.