Articulture

Analysis

Articulture is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 2000, 26 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, Articulture reported income of $159k and spending of $189k, spending 119% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $220k to $159k (-28%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Articulture sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within MN. Charities of a similar size with the same main cause include DC Independent Film Festival ($158k), Womens Theatre Festival ($159k) and Grateful Guitars Foundation ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $37k (20% of expenses). Other salaries and wages came to $43k. At year end it held assets of $16k against liabilities of $12k, net assets of $3,361.