Art Seed

Analysis

Art Seed is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 2003, 23 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, Art Seed reported income of $167k and spending of $119k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $79k to $167k (+110%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 126% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art Seed 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 52nd percentile within CA. Charities of a similar size with the same main cause include Link Theatre Company Inc ($167k), Academy of Visual and Performing Arts Foundation ($167k) and Forest for the Trees Inc ($167k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $43k (36% of expenses). Other salaries and wages came to $5,700. At year end it held assets of $790k against liabilities of $6,739, net assets of $783k. It reported 2 employees.