Artistic Resources for Teachers and Students Inc

Analysis

Artistic Resources for Teachers and Students Inc is a registered charity in United States, based in Washington, UT. It received its IRS tax-exemption ruling in March 1986, 40 years ago. 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, Artistic Resources for Teachers and Students Inc reported income of $251k and spending of $325k, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $531k to $251k (-53%), an average of -17% a year. The sharpest change came in the year to June 2022, when income dropped by 56%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Artistic Resources for Teachers and Students Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within UT. Charities of a similar size with the same main cause include Thanks to Scandinavia Inc ($251k), Blair County Historical Society ($251k) and San Diego County Bar Foundation ($251k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $52k (16% of expenses). At year end it held assets of $524k against liabilities of $439k, net assets of $85k.