Artwise

Analysis

Artwise is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in June 1993, 33 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 June 2024, Artwise reported income of $109k and spending of $106k, spending 97% of its income. Across the 4 years on record, from June 2019 to June 2024, income grew from $82k to $109k (+34%), an average of +10% a year. The sharpest change came in the year to June 2024, when income rose by 24%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artwise sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 31st percentile within ND. Charities of a similar size with the same main cause include Childrens Music Network Inc ($109k), Historic Elmwood Foundation ($109k) and Chincoteague Island Arts Organization Inc ($109k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 49% and program service revenue 6.3% of the total. At year end it held assets of $11k against liabilities of $381, net assets of $10k.