Students Motivated by the Arts

Analysis

Students Motivated by the Arts is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in June 2015, 11 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, Students Motivated by the Arts reported income of $793k and spending of $884k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $450k to $793k (+76%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 76%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Students Motivated by the Arts sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Waltham Community Access Corporation ($793k), Friends of the Tybee Theater ($793k) and Allaire Village Inc ($792k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $104k (12% of expenses). Other salaries and wages came to $527k. At year end it held assets of $496k against liabilities of $19k, net assets of $477k. It reported 73 employees.