Artpop

Analysis

Artpop is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in August 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, Artpop reported income of $594k and spending of $524k, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $239k to $594k (+148%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artpop sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Davis Community Television ($594k), Fairfield Tempo Club ($594k) and Friends of John Coltrane ($594k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $115k (22% of expenses). Other salaries and wages came to $107k. At year end it held assets of $304k against liabilities of $3,327, net assets of $300k. It reported 3 employees.