Accademia Dell Arte

Analysis

Accademia Dell Arte is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Accademia Dell Arte reported income of $865k and spending of $983k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $865k (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2022, when income rose by 128%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Accademia Dell Arte sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within AR. Charities of a similar size with the same main cause include Education Leads to Success Foundation ($865k), High Oaks Inc ($865k) and Cobb County Public Schools Educational Foundation Inc ($865k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.9% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $68k (6.9% of expenses). Other salaries and wages came to $262k. At year end it held assets of $559k against liabilities of $1.3m, net assets of -$702k. It reported 5 employees.