Spark for the Arts

Analysis

Spark for the Arts is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in October 2015, 11 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, Spark for the Arts reported income of $67k and spending of $66k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $94k to $67k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Spark for the Arts sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within MO. Charities of a similar size with the same main cause include Antique Fan Collectors Association Inc ($67k), Foundation of the Arkansas Sports Hall of Fame ($67k) and WWBBC ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.