The Art Experience Inc

Analysis

The Art Experience Inc is a registered charity in United States, based in Pontiac, MI. It received its IRS tax-exemption ruling in December 1999, 27 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, The Art Experience Inc reported income of $172k and spending of $237k, spending 138% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $190k to $172k (-9.4%), an average of -9.4% a year. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Art Experience Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include Jilkatt Kwann Cultural Heritage Center - Bald Eagle Observatory ($172k), Vienna Philharmonic Society ($172k) and Montgomery County Historical Society ($172k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 31% of the total. At year end it held assets of $59k against liabilities of $6,416, net assets of $53k.