Artichoke Community Music

Analysis

Artichoke Community Music is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in August 2007, 19 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, Artichoke Community Music reported income of $359k and spending of $362k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $394k to $359k (-8.8%), an average of -2.3% a year. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artichoke Community Music sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within OR. Charities of a similar size with the same main cause include Charlotte Players Inc ($359k), Culture Arts Initiative Inc ($359k) and International Committee for the Preservation of Har Hazeitim Inc ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Other salaries and wages came to $77k. At year end it held assets of $202k against liabilities of $15k, net assets of $187k. It reported 8 employees.