Art with Impact

Analysis

Art with Impact is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in November 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 July 2023, Art with Impact reported income of $512k and spending of $721k, spending 141% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $286k to $512k (+79%), an average of +16% a year. The sharpest change came in the year to July 2020, when income rose by 68%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art with Impact sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include George a Spiva Center for the Arts ($512k), Master Chorale of South Florida Inc ($512k) and Curtain Up Enterprises Inc ($512k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $38k (5.3% of expenses). Other salaries and wages came to $314k. At year end it held assets of $105k against liabilities of $127k, net assets of -$21k. It reported 23 employees.