Association for Visual Artists

Analysis

Association for Visual Artists is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in November 1987, 39 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, Association for Visual Artists reported income of $465k and spending of $477k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $365k to $465k (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Association for Visual Artists sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within TN. Charities of a similar size with the same main cause include Alliance Francaise of Miami Metro Inc ($464k), A Magical Journey Thru Stages Inc ($465k) and Columbia Festival Inc ($464k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 40% of the total. Other salaries and wages came to $142k. At year end it held assets of $316k against liabilities of $300k, net assets of $16k. It reported 4 employees.