Van Go Mobile Arts Inc

Analysis

Van Go Mobile Arts Inc is a registered charity in United States, based in Lawrence, KS. It received its IRS tax-exemption ruling in March 1996, 30 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, Van Go Mobile Arts Inc reported income of $1.0m and spending of $1.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.0m (-22%), an average of -6.0% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Van Go Mobile Arts Inc 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 KS. Charities of a similar size with the same main cause include Local 355 Usw Joint Apprenticeship and Training Fund ($1.0m), Jubilee School ($1.0m) and Children Rising Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 8.7% of the total. Compensation of current officers, directors and key employees was $169k (16% of expenses). Other salaries and wages came to $431k. At year end it held assets of $3.2m against liabilities of $36k, net assets of $3.1m. It reported 66 employees.