Ars Nova Workshop Inc

Analysis

Ars Nova Workshop Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 2006, 20 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 2023, Ars Nova Workshop Inc reported income of $730k and spending of $670k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $408k to $730k (+79%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 115%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ars Nova Workshop Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Council on American-Islamic Relations Inc ($730k), Tippecanoe County Historical Association ($730k) and Positively Arts Foundation Inc ($730k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $147k (22% of expenses). Other salaries and wages came to $11k. At year end it held assets of $457k against liabilities of $41k, net assets of $416k. It reported 3 employees.