Artsbridge Inc

Analysis

Artsbridge Inc is a registered charity in United States, based in Parkersburg, WV. It received its IRS tax-exemption ruling in July 1966, 60 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 June 2023, Artsbridge Inc reported income of $200k and spending of $195k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $171k to $200k (+17%), an average of +5.3% a year. The sharpest change came in the year to June 2021, when income rose by 22%. 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, Artsbridge Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within WV. Charities of a similar size with the same main cause include Greater Memphis United Chinese Association ($200k), Delaware Childrens Theatre Ltd ($200k) and Educational Access Inc ($200k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $81k. At year end it held assets of $398k against liabilities of $1,217, net assets of $397k. It reported 9 employees.