Milwaukie Academy of the Arts

Analysis

Milwaukie Academy of the Arts is a registered charity in United States, based in Milwaukie, OR. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Milwaukie Academy of the Arts reported income of $3.0m and spending of $3.0m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $3.0m (+24%), an average of +5.4% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Milwaukie Academy of the Arts sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OR. Charities of a similar size with the same main cause include South Florida State College Foundation Inc ($3.0m), Excellent Schools New Mexico ($3.0m) and Morehouse Choice Accountable Care Organization and Education System ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $29k against liabilities of $15k, net assets of $14k.