501 See Three Arts

Analysis

501 See Three Arts is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 2009, 17 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 June 2024, 501 See Three Arts reported income of $118k and spending of $103k, spending 87% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $59k to $118k (+102%), an average of +42% a year. The sharpest change came in the year to June 2023, when income rose by 158%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 501 See Three Arts sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Finlandia Foundation New York Metropolitan Chapter Inc ($118k), International Beautifulyoufashiontourinc ($118k) and Alabama Institute for Education in the Arts ($118k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $92k against liabilities of $1,386, net assets of $90k.