International Arts Foundation

Analysis

International Arts Foundation is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in January 2001, 25 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 2022, International Arts Foundation reported income of $490k and spending of $490k, spending 100% of its income. Across the 2 years on record, from December 2018 to December 2022, income fell from $694k to $490k (-29%), an average of -29% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, International Arts Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within LA. Charities of a similar size with the same main cause include Richardson High School Area Band Club ($490k), Johnson High School Band Boosters ($490k) and Fashioneer Org ($490k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.