Delaware Arts Alliance Inc

Analysis

Delaware Arts Alliance Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in March 2013, 13 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, Delaware Arts Alliance Inc reported income of $752k and spending of $709k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $158k to $752k (+377%), an average of +377% a year. The sharpest change came in the year to December 2023, when income rose by 377%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Delaware Arts Alliance Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 71st percentile within DE. Charities of a similar size with the same main cause include Military Heritage Museum Inc ($752k), Litchfield Performing Arts Inc ($752k) and Society for Cinema & Media Studies ($752k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $112k (16% of expenses). At year end it held assets of $270k against liabilities of $26k, net assets of $244k. It reported 2 employees.