The Artist Book Foundation

Analysis

The Artist Book Foundation is a registered charity in United States, based in North Adams, MA. It received its IRS tax-exemption ruling in November 2012, 14 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 June 2023, The Artist Book Foundation reported income of $87k and spending of $224k, spending 258% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $284k to $87k (-70%), an average of -26% a year. The sharpest change came in the year to June 2021, when income rose by 65%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Artist Book Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within MA. Charities of a similar size with the same main cause include Friends of Avila Pier Foap Inc ($86k), El Paso Holocaust Museum Foundation ($87k) and Kernersville Little Theatre Inc ($86k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 231% of the total. Compensation of current officers, directors and key employees was $28k (12% of expenses). Other salaries and wages came to $57k. At year end it held assets of $304k against liabilities of $187k, net assets of $117k. It reported 3 employees.