Network for Young Artists

Analysis

Network for Young Artists is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in October 2000, 26 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, Network for Young Artists reported income of $157k and spending of $155k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $102k to $157k (+54%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 415144%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Network for Young Artists sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Arts Nest ($157k), Antique Wireless Association ($157k) and Anime USA ($157k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.