Stay Arts

Analysis

Stay Arts is a registered charity in United States, based in Downey, CA. It received its IRS tax-exemption ruling in May 2013, 13 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 December 2023, Stay Arts reported income of $301k and spending of $305k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $63k to $301k (+380%), an average of +119% a year. The sharpest change came in the year to December 2022, when income rose by 197%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stay Arts sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Friends of Chinese Reformed Theological Seminaries ($301k), Society for the Advancement of Scandinavian Study ($301k) and R E S P E C T 2 ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $72k (24% of expenses). Other salaries and wages came to $107k. At year end it held assets of $20k against liabilities of $3,190, net assets of $17k. It reported 12 employees.