Arts Engagement Foundation of Kansas City

Analysis

Arts Engagement Foundation of Kansas City is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in July 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 2024, Arts Engagement Foundation of Kansas City reported income of $813k and spending of $851k, spending 105% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $619k to $813k (+31%), an average of +5.6% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 111% 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 Engagement Foundation of Kansas City sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within MO. Charities of a similar size with the same main cause include Mid Atlantic Air Museum Inc ($813k), Network for Open Scientificinnovation ($813k) and Quincy Childrens Museum ($813k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 33% and program service revenue 57% of the total. Other salaries and wages came to $343k. At year end it held assets of $157k against liabilities of $508k, net assets of -$350k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.