Almasi Arts Alliance
Analysis
Almasi Arts Alliance is a registered charity in United States, based in Centreville, VA. It received its IRS tax-exemption ruling in May 2024, 2 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 July 2024, Almasi Arts Alliance reported income of $89k and spending of $89k, spending 100% of its income. Across the 4 years on record, from July 2021 to July 2024, income grew from $34k to $89k (+167%), an average of +39% a year. The sharpest change came in the year to July 2024, when income rose by 170%. Over the whole period it spent 122% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Almasi Arts Alliance sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within VA. Charities of a similar size with the same main cause include Garibaldi Museum Inc ($89k), Arts Council of Thayer County ($89k) and New Light Theatre Company ($89k).
On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $428 against liabilities of $0, net assets of $428.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Garibaldi Museum Inc | Garibaldi | $89k |
| Arts Council of Thayer County | Hebron | $89k |
| New Light Theatre Company | Bear | $89k |
| Omaha Jitterbugs | Omaha | $89k |