Artists for World Peace Inc

Analysis

Artists for World Peace Inc is a registered charity in United States, based in Middletown, CT. It received its IRS tax-exemption ruling in April 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 December 2023, Artists for World Peace Inc reported income of $456k and spending of $484k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $652k to $456k (-30%), an average of -8.6% a year. The sharpest change came in the year to December 2021, when income rose by 226%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artists for World Peace Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within CT. Charities of a similar size with the same main cause include We Find in Love ($456k), Quiet Valley Living Historical Farm ($456k) and Omega Point Institute ($456k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $78k (16% of expenses). At year end it held assets of $159k against liabilities of $0, net assets of $159k. It reported 2 employees.