Russian Chamber Art Society

Analysis

Russian Chamber Art Society is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Russian Chamber Art Society reported income of $71k and spending of $73k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $71k (+0.4%), an average of +0.1% a year. The sharpest change came in the year to December 2022, when income rose by 131%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Russian Chamber Art Society sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within VA. Charities of a similar size with the same main cause include Rutherford County Visual Artists Guild ($71k), Main Street Warner Inc ($71k) and Peaceweavers Inc ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.