Ashley for the Arts Ltd

Analysis

Ashley for the Arts Ltd is a registered charity in United States, based in Arcadia, WI. It received its IRS tax-exemption ruling in June 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, Ashley for the Arts Ltd reported income of $3.7m and spending of $3.5m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $3.7m (+102%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 481%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ashley for the Arts Ltd sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WI. Charities of a similar size with the same main cause include Cape Arts & Entertainment Inc ($3.7m), Hyde Park Art Center ($3.7m) and Orpheus Chamber Orchestra Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 24% of the total. At year end it held assets of $580k against liabilities of $110k, net assets of $470k.