Webster Arts

Analysis

Webster Arts is a registered charity in United States, based in Webster GRVS, MO. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Webster Arts reported income of $229k and spending of $275k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $236k to $229k (-2.7%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Webster Arts sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within MO. Charities of a similar size with the same main cause include Sharetix Foundation ($229k), Journey the Ed Colina Foundation Inc ($229k) and Society of St Vincent de Paul District Council of the Columbia ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $54k (19% of expenses). Other salaries and wages came to $44k. At year end it held assets of $148k against liabilities of $373, net assets of $148k. It reported 2 employees.