Upturn Arts

Analysis

Upturn Arts is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Upturn Arts reported income of $525k and spending of $443k, spending 84% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $345k to $525k (+52%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Upturn Arts sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within LA. Charities of a similar size with the same main cause include Hearts of Cleburne Family Resource Center ($525k), Great Start Enrichment Center Inc ($525k) and Good Samaritan Boys Ranch Foundation ($525k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 65% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $77k (17% of expenses). Other salaries and wages came to $220k. At year end it held assets of $176k against liabilities of $6,093, net assets of $170k. It reported 6 employees.