Canady Foundation for the Arts

Analysis

Canady Foundation for the Arts is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 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 December 2023, Canady Foundation for the Arts reported income of $92k and spending of $83k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $92k (+125%), an average of +125% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Canady Foundation for the Arts sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 17th percentile within DC. Charities of a similar size with the same main cause include Society for French Historical Studies ($92k), Indian River Band Boosters Association ($92k) and Treasury Historical Association ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of -$7,829 against liabilities of $0, net assets of -$7,829.