Art Works Projects

Analysis

Art Works Projects is a registered charity in United States, based in Oakbrook Ter, IL. It received its IRS tax-exemption ruling in February 2010, 16 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 December 2023, Art Works Projects reported income of $109k and spending of $239k, spending 219% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $274k to $109k (-60%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 72%. Over the whole period it spent 64% 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 Projects sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within IL. Charities of a similar size with the same main cause include Holland Celtic Society ($109k), Thinktank Theatre Inc ($109k) and Care & Shine Foundation ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.1% of the total. At year end it held assets of $265k against liabilities of $14k, net assets of $251k.