Arts Club of Washington

Analysis

Arts Club of Washington is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1938, 88 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 March 2023, Arts Club of Washington reported income of $1.6m and spending of $1.5m, spending 91% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $1.2m to $1.6m (+37%), an average of +8.1% a year. The sharpest change came in the year to March 2022, when income rose by 32%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts Club of Washington sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 63rd percentile within DC. Charities of a similar size with the same main cause include Cafe Lena Inc ($1.6m), American String Teachers Association Incorporated ($1.6m) and USA 250 ($1.6m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 48% and program service revenue 42% of the total. Other salaries and wages came to $623k. At year end it held assets of $5.7m against liabilities of $1.2m, net assets of $4.5m. It reported 29 employees.