National Assembly of State Arts Agencies

Analysis

National Assembly of State Arts Agencies is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1976, 50 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, National Assembly of State Arts Agencies reported income of $4.4m and spending of $3.7m, spending 84% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.0m to $4.4m (+47%), an average of +10% a year. The sharpest change came in the year to September 2021, when income rose by 89%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Assembly of State Arts Agencies sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 78th percentile within DC. Charities of a similar size with the same main cause include Give to Research ($4.4m), Montclair Art Museum ($4.4m) and Project for Empty Space Inc ($4.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 67% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $832k (22% of expenses). Other salaries and wages came to $947k. At year end it held assets of $3.3m against liabilities of $709k, net assets of $2.6m. It reported 15 employees.