Intertwine Arts Inc

Analysis

Intertwine Arts Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2016, 10 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, Intertwine Arts Inc reported income of $177k and spending of $180k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $155k to $177k (+15%), an average of +15% a year. 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, Intertwine Arts Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Live From Cains Inc ($177k), Denton Community Market ($177k) and Piscataway Indian Nation Inc ($177k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $85k against liabilities of $2,999, net assets of $82k.