Arts Connect International Inc

Analysis

Arts Connect International Inc is a registered charity in United States, based in Jamaica Plain, MA. It received its IRS tax-exemption ruling in May 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, Arts Connect International Inc reported income of $439k and spending of $585k, spending 133% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $417k to $439k (+5.2%), an average of +2.6% a year. The sharpest change came in the year to June 2022, when income rose by 74%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts Connect International Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Ahepa 110-Iii Inc ($439k), Fort Collins Musicians Association ($439k) and Everystory ($438k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $275k (47% of expenses). At year end it held assets of $319k against liabilities of $20k, net assets of $299k. It reported 8 employees.