Off the Hook Arts

Analysis

Off the Hook Arts is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in August 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 July 2024, Off the Hook Arts reported income of $225k and spending of $217k, spending 97% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $161k to $225k (+39%), an average of +39% a year. The sharpest change came in the year to July 2024, when income rose by 39%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Off the Hook Arts sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within CO. Charities of a similar size with the same main cause include Racing Magpie ($225k), American Technical Education Association Inc ($225k) and Catamaran Literary Reader ($225k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 85% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $50k (23% of expenses). Other salaries and wages came to $6,915. At year end it held assets of $75k against liabilities of $108, net assets of $75k. It reported 3 employees.