Tidewater Arts Outreach

Analysis

Tidewater Arts Outreach is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in May 2004, 22 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 June 2024, Tidewater Arts Outreach reported income of $409k and spending of $380k, spending 93% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $146k to $409k (+181%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 120%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tidewater Arts Outreach sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include Center for Exploratory and Perceptual Arts Inc ($409k), Manitowoc County Historical Society ($409k) and Christian Youth Theater Santa Cruz ($409k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $51k (13% of expenses). Other salaries and wages came to $112k. At year end it held assets of $62k against liabilities of $23k, net assets of $39k. It reported 6 employees.