Art Impact Project NFP

Analysis

Art Impact Project NFP is a registered charity in United States, based in Highwood, IL. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, Art Impact Project NFP reported income of $146k and spending of $201k, spending 138% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $148k to $146k (-1.8%), an average of -1.8% a year. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Art Impact Project NFP sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include Leaders of the 21st Century ($146k), Sanford Youth Sports ($146k) and Blessed Sacrament Color Guards ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 16% of the total. At year end it held assets of $164k against liabilities of $9,874, net assets of $154k.