Allies in Arts

Analysis

Allies in Arts is a registered charity in United States, based in Los Angeles, CA. 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, Allies in Arts reported income of $601k and spending of $642k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $306k to $601k (+97%), an average of +40% a year. The sharpest change came in the year to December 2022, when income rose by 211%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Allies in Arts sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Williamsport Symphony Orchestra ($601k), America-Italy Society of Philadelphia ($602k) and Billings Depot Inc ($601k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $150k (23% of expenses). Other salaries and wages came to $66k. At year end it held assets of $636k against liabilities of $12k, net assets of $625k. It reported 9 employees.