Arts Together Inc

Analysis

Arts Together Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in November 1983, 43 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Arts Together Inc reported income of $899k and spending of $945k, spending 105% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $826k to $899k (+8.8%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income rose by 67%. Over the whole period it spent 103% 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 Together Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Brooklyn Acting Lab Inc ($899k), Rehabilitation Through the Arts Inc ($900k) and Darien Arts Center Inc ($899k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 71% of the total. Other salaries and wages came to $566k. At year end it held assets of $333k against liabilities of $354k, net assets of -$21k. It reported 99 employees.