Arts in Action V a P Inc

Analysis

Arts in Action V a P Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2004, 22 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 2024, Arts in Action V a P Inc reported income of $168k and spending of $175k, spending 104% of its income. Across the 3 years on record, from June 2020 to June 2024, income fell from $219k to $168k (-23%), an average of -12% a year. The sharpest change came in the year to June 2023, when income dropped by 32%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts in Action V a P Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Burrow Collective ($168k), National Art Education Foundation ($168k) and City in Motion Dance Theater Inc ($168k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.