Armed Services Arts Partnership

Analysis

Armed Services Arts Partnership is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Armed Services Arts Partnership reported income of $1.0m and spending of $858k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $483k to $1.0m (+115%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Armed Services Arts Partnership sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include Age of Montessori ($1.0m), Cook Native American Ministries Foundation ($1.0m) and Omaha Street School Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $105k (12% of expenses). Other salaries and wages came to $254k. At year end it held assets of $526k against liabilities of $6,993, net assets of $519k. It reported 9 employees.