Arthaus Inc

Analysis

Arthaus Inc is a registered charity in United States, based in Decorah, IA. 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Arthaus Inc reported income of $154k and spending of $131k, spending 85% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $232k to $154k (-34%), an average of -34% a year. The sharpest change came in the year to June 2023, when income dropped by 34%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arthaus Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within IA. Charities of a similar size with the same main cause include Voices ($154k), Electric Earth Concerts ($154k) and Piscataqua Maritime Commission Inc ($154k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $36k (27% of expenses). Other salaries and wages came to $12k. At year end it held assets of $34k against liabilities of $0, net assets of $34k.