Urban Art Co-Op

Analysis

Urban Art Co-Op is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in October 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 (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 Co-Op reported income of $153k and spending of $116k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $163k to $153k (-5.6%), an average of -5.6% a year. Over the whole period it spent 68% 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 Co-Op sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within WA. Charities of a similar size with the same main cause include Garret Club Historic Preservation Foundation Inc ($153k), Arts Council of Crockett Tennessee ($153k) and Heights Youth Theatre ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 31% of the total. At year end it held assets of $178k against liabilities of $0, net assets of $178k.