Art Encounter

Analysis

Art Encounter is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in May 1979, 47 years ago. 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 June 2023, Art Encounter reported income of $457k and spending of $446k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $430k to $457k (+6.2%), an average of +1.5% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Art Encounter sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Tualatin Together ($456k), Dallas-Fort Worth Sheet Metal Joint Apprentice & Training Committee ($457k) and Lifequest Foundation ($456k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $65k (15% of expenses). Other salaries and wages came to $121k. At year end it held assets of $611k against liabilities of $131k, net assets of $480k. It reported 5 employees.