Aspire Creative Arts Program

Analysis

Aspire Creative Arts Program is a registered charity in United States, based in Anaheim, CA. It received its IRS tax-exemption ruling in November 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, Aspire Creative Arts Program reported income of $394k and spending of $360k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $402k to $394k (-1.9%), an average of -0.5% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aspire Creative Arts Program sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Initiatives of Change Inc ($394k), Winslow Arts Trust ($394k) and Rivertown Dance Academy ($394k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 84% of the total. Other salaries and wages came to $238k. At year end it held assets of $520k against liabilities of $6,766, net assets of $513k.