Arts Resource Foundation

Analysis

Arts Resource Foundation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Arts Resource Foundation reported income of $87k and spending of $80k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $87k (+14%), an average of +14% a year. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Arts Resource Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within VA. Charities of a similar size with the same main cause include Mitchell County Memorial Foundation Inc ($87k), Iowa Rabbit Festival Inc ($87k) and Sophia Transformation Leadership Partners Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 15% of the total. At year end it held assets of $159k against liabilities of $10k, net assets of $149k.