Venues Parks & Arts Foundation Inc

Analysis

Venues Parks & Arts Foundation Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Venues Parks & Arts Foundation Inc reported income of $2.1m and spending of $93k, leaving 96% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $310k to $2.1m (+584%), an average of +62% a year. The sharpest change came in the year to December 2021, when income rose by 149%. Over the whole period it spent 31% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Venues Parks & Arts Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Earth Conservation Corps ($2.1m), Council for Watershed Health ($2.1m) and American Friends of Canadian Conservation ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $5.5m against liabilities of $0, net assets of $5.5m.