National Art Education Foundation

Analysis

National Art Education Foundation is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in August 1985, 41 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, National Art Education Foundation reported income of $168k and spending of $150k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $139k to $168k (+21%), an average of +5.0% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 121% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Art Education Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within VA. Charities of a similar size with the same main cause include Arts in Action V a P Inc ($168k), So Say We All ($168k) and Burrow Collective ($168k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $2.2m against liabilities of $63k, net assets of $2.1m.