Spokane Art School

Analysis

Spokane Art School is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Spokane Art School reported income of $112k and spending of $199k, spending 178% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $236k to $112k (-53%), an average of -53% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Spokane Art School sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 35th percentile within WA. Charities of a similar size with the same main cause include China Music Foundation ($112k), Middle Tennessee Museum of Natural History ($112k) and James Whites Fort Association Inc ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. At year end it held assets of $139k against liabilities of $846, net assets of $138k.