Strauss Youth Academy for the Arts Inc

Analysis

Strauss Youth Academy for the Arts Inc is a registered charity in United States, based in Monroe, LA. It received its IRS tax-exemption ruling in June 2013, 13 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, Strauss Youth Academy for the Arts Inc reported income of $208k and spending of $164k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $251k to $208k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2020, when income dropped by 55%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Strauss Youth Academy for the Arts Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within LA. Charities of a similar size with the same main cause include Amherst Historical Society ($208k), Baybasi Inc ($208k) and Mower County Historical Society ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 95% of the total. At year end it held assets of $105k against liabilities of $41k, net assets of $64k.