Art Works Downtown Inc

Analysis

Art Works Downtown Inc is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in May 1997, 29 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 December 2023, Art Works Downtown Inc reported income of $682k and spending of $700k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $660k to $682k (+3.3%), an average of +0.8% a year. 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, Art Works Downtown Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Historic Carousel and Museum ($681k), American Windmill Museum Inc ($682k) and International Society of Exposure Science ($681k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $116k (17% of expenses). Other salaries and wages came to $151k. At year end it held assets of $3.4m against liabilities of $1.7m, net assets of $1.7m. It reported 12 employees.