Aesthetic Realism Foundation Inc

Analysis

Aesthetic Realism Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Aesthetic Realism Foundation Inc reported income of $464k and spending of $475k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $509k to $464k (-8.8%), an average of -2.3% a year. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aesthetic Realism Foundation 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 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include White Pine Community Choir Association ($464k), Wave Pool Corp ($464k) and Lutz Childrens Museum ($464k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $105k (22% of expenses). Other salaries and wages came to $211k. At year end it held assets of $3.8m against liabilities of $21k, net assets of $3.8m. It reported 18 employees.