Yes and Collaborative Arts

Analysis

Yes and Collaborative Arts is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2013, 13 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, Yes and Collaborative Arts reported income of $252k and spending of $263k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $231k to $252k (+9.1%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Yes and Collaborative Arts sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include William H Gray III Memorial Foundation ($252k), Italian Heritage Celebration Inc ($252k) and Performing Arts Assn of St Joseph Inc ($252k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $71k (27% of expenses). Other salaries and wages came to $106k. At year end it held assets of $39k against liabilities of $1,667, net assets of $37k. It reported 52 employees.