Teen Arts America Inc

Analysis

Teen Arts America Inc is a registered charity in United States, based in Solvang, CA. It received its IRS tax-exemption ruling in October 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, Teen Arts America Inc reported income of $61k and spending of $38k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $61k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Teen Arts America Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include International Listening Association ($61k), Heritage Association of San Marcos Inc ($61k) and Lancaster Players Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,883 against liabilities of $0, net assets of $6,883.