Andreas H Bechtler Arts Foundation

Analysis

Andreas H Bechtler Arts Foundation is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in February 2016, 10 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 June 2023, Andreas H Bechtler Arts Foundation reported income of $4.1m and spending of $3.9m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $4.1m (+51%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Andreas H Bechtler Arts Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include Aurora Humanitarian Initiative Foundation Inc ($4.1m), Silicon Valley Creates ($4.1m) and Texas Advocacy Project Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $277k (7.1% of expenses). Other salaries and wages came to $984k. At year end it held assets of $34.9m against liabilities of $219k, net assets of $34.7m. It reported 29 employees.