Arco Collaborative Inc

Analysis

Arco Collaborative Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 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, Arco Collaborative Inc reported income of $130k and spending of $174k, spending 133% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $189k to $130k (-31%), an average of -8.9% a year. The sharpest change came in the year to June 2022, when income rose by 73%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arco Collaborative Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Sister Bay Historical Society Inc ($130k), Golden Valley Music Society Inc ($130k) and University of Notre Dame du Lac ($130k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $37k (21% of expenses). At year end it held assets of $144k against liabilities of $14k, net assets of $130k. It reported 1 employees.