Georgia Lawyers for the Arts Inc

Analysis

Georgia Lawyers for the Arts Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 1975, 51 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 June 2023, Georgia Lawyers for the Arts Inc reported income of $517k and spending of $474k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $358k to $517k (+44%), an average of +9.6% a year. The sharpest change came in the year to June 2020, when income rose by 27%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Georgia Lawyers for the Arts Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within GA. Charities of a similar size with the same main cause include Village Arts Foundation Inc ($517k), Taikoproject ($517k) and Longview World of Wonders ($517k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $162k (34% of expenses). Other salaries and wages came to $110k. At year end it held assets of $763k against liabilities of $8,421, net assets of $755k. It reported 2 employees.