Mosaic Arts Inc

Analysis

Mosaic Arts Inc is a registered charity in United States, based in Green Bay, WI. It received its IRS tax-exemption ruling in August 1997, 29 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, Mosaic Arts Inc reported income of $151k and spending of $131k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $264k to $151k (-43%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 53%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mosaic Arts Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within WI. Charities of a similar size with the same main cause include Sweet Grass Artists Alliance ($151k), Bent Creek Institute Inc ($151k) and Shapeshifter Plus Inc ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $5,190 (3.9% of expenses). At year end it held assets of $85k against liabilities of $0, net assets of $85k.