Art Maker LLC

Analysis

Art Maker LLC is a registered charity in United States, based in Skiatook, OK. It received its IRS tax-exemption ruling in May 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, Art Maker LLC reported income of $204k and spending of $190k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $210k to $204k (-3.2%), an average of -1.6% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art Maker LLC sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within OK. Charities of a similar size with the same main cause include Seraphim Theater Company Inc ($204k), Institute for Mediterranean Studies ($204k) and Elbow Reef Foundation Inc ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $56k (29% of expenses). At year end it held assets of $27k against liabilities of $0, net assets of $27k.