Artslafayette

Analysis

Artslafayette is a registered charity in United States, based in Lafayette, CO. It received its IRS tax-exemption ruling in February 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 December 2023, Artslafayette reported income of $69k and spending of $65k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $69k (+9.5%), an average of +9.5% a year. Over the whole period it spent 67% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artslafayette sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within CO. Charities of a similar size with the same main cause include Sweet Adelines International ($69k), The Lucas County-Maumee Valley Historical Society ($69k) and Nebraska Brass Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.7% and program service revenue 89% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.