Artsok Inc

Analysis

Artsok Inc is a registered charity in United States, based in Broken Arrow, OK. It received its IRS tax-exemption ruling in November 1999, 27 years ago. 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 June 2023, Artsok Inc reported income of $714k and spending of $715k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $693k to $714k (+3.0%), an average of +0.7% a year. The sharpest change came in the year to June 2022, when income rose by 785%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Artsok Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OK. Charities of a similar size with the same main cause include Torchlight Youth Mentoring Alliance ($714k), Vets Roll Inc ($714k) and Open Door Service Center ($714k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. Other salaries and wages came to $164k. At year end it held assets of $801k against liabilities of $3,459, net assets of $797k. It reported 5 employees.