Arts & Learning Corporation

Analysis

Arts & Learning Corporation is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in October 2005, 21 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 & Learning Corporation reported income of $2.0m and spending of $1.4m, leaving 32% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $647k to $2.0m (+212%), an average of +33% a year. The sharpest change came in the year to June 2023, when income rose by 85%. Over the whole period it spent 79% 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 & Learning Corporation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Shift Design Inc ($2.0m), State Science and Technology Institute ($2.0m) and Harmony Project Productions Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $115k (8.4% of expenses). Other salaries and wages came to $724k. At year end it held assets of $3.6m against liabilities of $132k, net assets of $3.5m. It reported 74 employees.