Urban Art Gallery

Analysis

Urban Art Gallery is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Urban Art Gallery reported income of $1.1m and spending of $1.1m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $330k to $1.1m (+245%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 124%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Urban Art Gallery sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Forward Momentum Chicago NFP ($1.1m), Flagstaff Arts Council ($1.1m) and Project Invent ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $294k against liabilities of $22k, net assets of $272k.