Art FM Inc

Analysis

Art FM Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Art FM Inc reported income of $63k and spending of $59k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $78k to $63k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Art FM Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within KY. Charities of a similar size with the same main cause include Banaat-Tun-Noor International ($63k), Samaritas Foundation ($63k) and Friends of the Fair and Rodeo Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $167k against liabilities of $19k, net assets of $148k.