Urban Community Arts Network Ltd

Analysis

Urban Community Arts Network Ltd is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in October 2014, 12 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, Urban Community Arts Network Ltd reported income of $107k and spending of $134k, spending 125% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $231k to $107k (-54%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 54%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Urban Community Arts Network Ltd sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within WI. Charities of a similar size with the same main cause include William Bull and Sarah Wells Stone House Association Inc ($107k), All Rhythms ($107k) and Texas Dance Hall Preservation Inc ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.