Artspot Productions Inc

Analysis

Artspot Productions Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in September 2002, 24 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, Artspot Productions Inc reported income of $150k and spending of $145k, spending 96% of its income. Across the 3 years on record, from June 2019 to June 2023, income grew from $100k to $150k (+50%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artspot Productions Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within LA. Charities of a similar size with the same main cause include American News Womens Club Inc ($150k), Aerospace Village ($151k) and Avant Bard Theatre ($150k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 9.5% of the total. At year end it held assets of $180k against liabilities of $29k, net assets of $151k.