Rome Art Program Inc

Analysis

Rome Art Program Inc is a registered charity in United States, based in New York, NY. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rome Art Program Inc reported income of $90k and spending of $75k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $60k to $90k (+49%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 165%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rome Art Program Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Kairos Dance Theater Inc ($90k), Woodland Restoration Foundation ($90k) and Piano Arts of Wisconsin Inc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. At year end it held assets of $33k against liabilities of $32, net assets of $33k.