World Academy of Arts and Science

Analysis

World Academy of Arts and Science is a registered charity in United States, based in Napa, CA. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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, World Academy of Arts and Science reported income of $259k and spending of $319k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $261k to $259k (-0.7%), an average of -0.7% a year. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, World Academy of Arts and Science sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Atlanta Young Singers of Callanwolde Inc ($259k), Aami Foundation Inc ($259k) and Methacton Coordinating Council Inc ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $294k against liabilities of $13k, net assets of $281k.