Alki Art Fair

Analysis

Alki Art Fair is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 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 September 2023, Alki Art Fair reported income of $79k and spending of $63k, spending 80% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $78k to $79k (+1.6%), an average of +0.4% a year. The sharpest change came in the year to September 2022, when income rose by 106154%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alki Art Fair sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 26th percentile within WA. Charities of a similar size with the same main cause include Orchestra Association of Troy High ($79k), Chasing Two Rabbits at Once ($79k) and Maharashtra Mandal-Atlanta ($79k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.