Artz 4 Life Academy Inc

Analysis

Artz 4 Life Academy Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in January 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Artz 4 Life Academy Inc reported income of $760k and spending of $701k, spending 92% of its income. Across the 4 years on record, from September 2019 to September 2023, income grew from $594k to $760k (+28%), an average of +8.5% a year. The sharpest change came in the year to September 2022, when income rose by 67%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artz 4 Life Academy Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Gurbanisewa Inc ($760k), Maces Lane Community Center ($760k) and Friends of the Cumbres & Toltec ($760k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 9.9% and program service revenue 80% of the total. Other salaries and wages came to $292k. At year end it held assets of $548k against liabilities of $568k, net assets of -$20k. It reported 9 employees.