Art for the Journey

Analysis

Art for the Journey is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in October 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, Art for the Journey reported income of $628k and spending of $625k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $292k to $628k (+115%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art for the Journey sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within VA. Charities of a similar size with the same main cause include Riverside Arts Center Foundation Inc ($628k), Historic Organ Restoration Committee Inc ($628k) and Connecticut Electric Railway Association Incorporated ($628k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 9.5% of the total. Compensation of current officers, directors and key employees was $81k (13% of expenses). Other salaries and wages came to $334k. At year end it held assets of $219k against liabilities of $0, net assets of $219k. It reported 11 employees.