Arts One Presents Inc

Analysis

Arts One Presents Inc is a registered charity in United States, based in Springdale, AR. It received its IRS tax-exemption ruling in October 1969, 57 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Arts One Presents Inc reported income of $140k and spending of $472k, spending 338% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $402k to $140k (-65%), an average of -30% a year. The sharpest change came in the year to June 2023, when income rose by 105%. Over the whole period it spent 144% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts One Presents Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within AR. Charities of a similar size with the same main cause include Alpha Womens Center Inc ($140k), Big Spring Symphony Association Incorporated ($140k) and Ensemble Signal ($139k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $83k (18% of expenses). Other salaries and wages came to $109k. At year end it held assets of $717k against liabilities of $6,186, net assets of $711k. It reported 7 employees.