Art Papers Inc

Analysis

Art Papers Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 1980, 46 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, Art Papers Inc reported income of $433k and spending of $398k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $327k to $433k (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art Papers 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 68th percentile, and in the 72nd percentile within GA. Charities of a similar size with the same main cause include Central Florida Vocal Arts ($433k), Triad Cultural Arts Inc ($433k) and Securities and Exchange Commission Historical Society ($433k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 12% of the total. Other salaries and wages came to $179k. At year end it held assets of $107k against liabilities of $61k, net assets of $46k. It reported 4 employees.