Arcadia Project

Analysis

Arcadia Project is a registered charity in United States, based in Staunton, VA. It received its IRS tax-exemption ruling in January 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 (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, Arcadia Project reported income of $218k and spending of $42k, leaving 81% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $97k to $218k (+126%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 27% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arcadia Project sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include Firehouse Community Arts Center ($218k), Port Discover Northeastern North Carolinas Center for Hands on Scie ($218k) and 100 Horses Womens Society Inc ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 205% and program service revenue 8.8% of the total. At year end it held assets of $1.5m against liabilities of $66k, net assets of $1.5m.