The Book Arts Press Inc

Analysis

The Book Arts Press Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in September 2001, 25 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 September 2023, The Book Arts Press Inc reported income of $4.8m and spending of $2.4m, leaving 50% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.2m to $4.8m (+50%), an average of +11% a year. The sharpest change came in the year to September 2021, when income rose by 193%. Over the whole period it spent 49% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Book Arts Press Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within VA. Charities of a similar size with the same main cause include Contemporary Arts Center ($4.8m), Leahy Center for Lake Champlain Inc ($4.8m) and Economic Club of New York ($4.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $889k. At year end it held assets of $21.2m against liabilities of $43k, net assets of $21.2m. It reported 35 employees.