Mt Airy Art Garage

Analysis

Mt Airy Art Garage is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 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 December 2023, Mt Airy Art Garage reported income of $118k and spending of $120k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $47k to $118k (+151%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mt Airy Art Garage sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include Oregon Trail Association ($118k), Northern Light Opera Company Incorporated ($118k) and New England Folk Festival Association Inc ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 57% of the total. At year end it held assets of $121k against liabilities of $92k, net assets of $28k.

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.